$RIVER usdt (Perp) – Volatile Reversal / Short-Term Setup ⚠️
RIVER has shown extreme volatility on the higher timeframe. After a massive spike toward 86, price entered a deep correction and found a base near 10.25. The current bounce toward 17.4 looks more like a relief move than a full trend reversal. Volume has increased, but structure is still weak below major resistance.
On the 1D chart, price remains below key moving averages, and upside moves are facing quick selling pressure. Unless RIVER reclaims and holds above 18.5–19, upside looks limited.
Trade Plan:
Sell zone: 17.5 – 18.5
TP1: 15.0
TP2: 13.2
TP3: 11.5
SL set: 19.8
This is a high-risk, high-volatility pair. Trade light and manage risk strictly. 📉
