$RIVER Short – RIVER/USDT (River Protocol)

Entry: ~15.38–15.50

TP1: 13.80 (≈ -10%)

TP2: 12.50 (≈ -19%)

Signals: +15% pump into upper boundary of descending channel = resistance retest, not breakout. Bearish divergence forming: price rising while OI lags = short-covering squeeze, not new capital inflow. Funding rates highly positive = longs overcrowded. $15.30 key level; close below triggers cascade toward liquidity pools.

Setup: Bull trap → correction toward channel support.

Risk Factor: High (over-leveraged longs, liquidity magnet).