$RIVER Price rejected from the 47.6 supply and experienced a sharp sell-off into the 37.2 demand zone.
Short-term momentum shows a relief bounce, but sellers still control higher timeframe trend.
Price is trading below key MAs, indicating bearish market structure.
Structure favors a pullback continuation toward resistance before potential downside extension.
Trade Setup: Short
Entry Zone: 41.0 – 43.0
Target 1: 39.0
Target 2: 37.0
Target 3: 34.5
Target 4: 32.0
Stop Loss: 45.5
Manage risk properly and avoid over-leverage. Do your own research before taking any trade.
RIVERUSDT
Perp
15.09
+12.66%