$RIVER Clear Downtrend as my previous bearish analysis post hit TP 41 already ✅ 😎

🚨$RIVER Current trend still Bearish Volatile

• Recent candles show moderate volume, suggesting the selling pressure may be exhausting itself, but without a clear volume surge on a push upward, the bearish trend remains dominant.
• The price action from the K-line data shows a classic rally to a new high followed by a violent rejection and breakdown, a bearish sign.

Entry short $RIVER :
• Pullback towards key resistance level near 48.0- 50.0, which aligns with the MA20 and the first major resistance level
• Alternatively, a break below the immediate support of 41.0 could be used as a confirmation for a short entry.

Stop-Loss: For an entry at 48.0, a stop at 50.4 (given the recent high volatility ATR of 4.78)

Target Price $RIVER : 33.6 (major support). A more conservative target would be the recent swing low area near 41.0

Support me just Click below to Trade 👇 Cheers
{future}(RIVERUSDT)
#river #riverusdt