$RIVER Distribution Alert ๐ฉธ
Don't let the green candles blind you. While retail FOMOs into the "staking hype," the on-chain reality is a ticking time bomb. We are sniping the rejection at the $22 supply wall before the "Conspiracy Group" pulls the plug.
Entry Zone: $20.70 โ $21.90 (The Distribution Ceiling)
Target 1: $19.50 (Immediate Support Re-test)
Target 2: $18.00 (Psychological Floor)
Target 3: $16.50 (Liquidity Sweep Zone)
Stop Loss: $24.00 (Above the recent parabolic wick)
Trade Logic:
Price is currently at $21.85 (+5.04%), but momentum is starting to fade. As Mike On The Move noted, the advance is turning "choppy" and buyers are losing follow-through. With 80% of the supply still locked and whales sitting on 2x profits from their $10 cost basis, the incentive to dump is at an all-time high. We short the exhaustion.
#RIVER #RiverToken #TalhaSniper #BinanceSquare #smartmoney
