$RIVER Short Liquidation: $1.2155K at $19.2323
$RIVER is in a bearish correction, trading below key moving averages (7-, 30-, 50-, 200-day). The break below the main pivot and key Fibonacci levels confirms seller dominance. RSI nears oversold, hinting at short-term relief bounces, while MACD remains bearish.
Support zones: $19.00, $18.75–$18.85
Downside risk: $18.40–$18.50
Resistance zones: $19.60–$19.80, $20.00–$20.20
Volume shows net outflows, emphasizing distribution. Short-term bounces possible, but trend remains weak until major resistance is reclaimed. DYOR and watch for volume confirmation before acting on reversals.
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RIVERUSDT
Διην.
18.13
-17.06%