🔥 Continuous lower lows — sellers still dominating the trend!
$RIVER is in a clear short-term downtrend, forming lower highs and lower lows with price staying below MA resistance.
Recent bounce from 6.48 looks weak, suggesting only a temporary relief rather than trend reversal.
Volume increased on the downside, confirming selling pressure is still strong.
If price fails to reclaim 6.60 zone, downside continuation remains likely.
A break below 6.48 could push price toward 6.30 support.
📌 Key Levels:
🔹 Resistance: 6.58 – 6.60
🔹 Support: 6.48
🔹 Major Support: 6.30
❓ Is this just a relief bounce or the start of deeper correction?
RIVERUSDT
Perp
6.238
-6.49%