🩸 $RIVER /USDT – SHORT TRADE IS GOING ACCORDING TO SCENARIO, WHO'S STILL STANDING OUT?

$RIVER /USDT – Short Setup (4H)

1. Trading Plan (Short)
• Entry (Short): 6.60 – 6.85
• Stop Loss (SL): 7.10 (above today’s spike high 6.883)
• Take Profit 1 (TP1): 6.10
• Take Profit 2 (TP2): 5.75
• Take Profit 3 (TP3): 5.10 – 4.90 (EMA(200) zone)

2. Key Resistance / Support
• Resistance zone:
• 6.80 – 7.00: area around the current 24h high (6.883). Price just printed a vertical leg into this zone and is stalling → ideal supply zone for short entries.
• Support zones:
• 6.10 – 6.20: first intraday base; loss of this level often triggers a deeper flush.
• 5.70 – 5.80: previous consolidation shelf and psychological zone.
• 5.10 – 4.90: region of EMA(200) ~4.89, main mean-reversion target if correction extends.

3. Indicators
• RSI(12) ≈ 85, RSI(24) ≈ 77: both deeply overbought – classic blow-off conditions where upside reward shrinks and pullback risk increases sharply.
• MACD: strongly positive with wide DIF–DEA spread, but histogram is starting to flatten → upside momentum is still strong but at risk of exhaustion after a parabolic run.
• Price vs EMA: price is far above EMA(99) ~4.61 and EMA(200) ~4.89, leaving a large gap for potential downside mean reversion once buyers take profit.

4. Outlook

RIVER has just run almost in a straight line from ≈4.00 to 6.88, leaving a clear parabolic structure and pushing intraday RSI into extreme overbought territory. As long as price fails to hold above 6.80–7.00, rallies into that band can be treated as short opportunities targeting 6.10 first, then 5.75 and finally the EMA(200) region near 5.0.

A clean 4H close above 7.10 with strong volume would invalidate this short idea and signal continuation of the up-leg instead of a correction.
{future}(RIVERUSDT)