$RIVER is facing short-term bearish pressure as momentum fails to reclaim the 6.57 SMA7 level.
Trading Plan Short $RIVER
Entry Zone: 6.53 – 6.65
Stop Loss (SL): 6.98
Take Profit 1: 6.20
Take Profit 2: 6.06
Take Profit 3: 5.75
🚨 Technical Logic: MACD indicators remain negative and RSI7 at 36 signals weakening demand near the current range. While the mid-term trend is still held by the SMA200, a failure to break 6.75 resistance suggests a further dip toward the 6.06 liquidity zone.
Risk Note: Maintain leverage at 10x – 20x and ensure strict risk management as distribution warns of potential volatility. #dyor
Trade $RIVER here 👇


RIVERUSDT
Perp
6.493
-1.38%