Testing $RIVER currently the "to be or not to be" area at 50.00 dollars. Although trading volume remains high, the currency faces strong rejection tails at the resistance area of 50.00–54.00 dollars. Whale data indicates the beginning of profit rotation with signs of buyer exhaustion and the price moving away from the price value area. Breaking direct support at 49.10 dollars could lead to accelerated decline towards the demand area at 43.00 dollars.


RIVERUSDT
Perp
49.47
-8.70%
The trade:
Entry: 49.60 – 50.10 (Sell/Short at resistance rejection)
Take Profit (TP): 43.15 (Main target/Support retest)
Stop Loss (SL): 54.95 (Above main resistance and MA10 average)
Leverage: Medium (10x - 12x)
Risk Warning:
High-risk speculation. $RIVER is very volatile; a 4-hour candle close above 50.00 dollars may invalidate this setup and target the level of 62.00 dollars.