$RIVER just crashed 42% in a week and structure remains broken. Weak bounce attempts under resistance favor continuation down.
Short RIVER
Entry: R$7,80–R$8,05
Stoploss: R$8,55
targets: R$7,20-R$6,10-R$5,20
Price trades below SMA7/30/200 with negative MACD and RSI near 40 — no real reversal signal. Volume expanded on selloffs, showing strong supply. Loss of R$7 psychological support can trigger fast liquidation toward R$6 zone. Daily close above R$8,5 invalidates this setup.
Trade $RIVER here 👇
RIVERUSDT
Perp.
8.006
+0.43%