Short $RIVER
Entry: 17.700 – 17.950
SL: 18.750
TP1: 17.050
TP2: 16.500
TP3: 16.000
$RIVER just slipped below the MA cloud and keeps printing lower highs. That’s not strength — that’s distribution. Bulls tried to hold it up, but momentum clearly shifted.
Price looks heavy here. Every small bounce gets sold into. Feels like it’s loading for a flush back toward the 17.0 psychological level first… and if that cracks, 16s come into play quickly.
Bears are in control until proven otherwise.
Trade smart. Manage risk.
RIVERUSDT Perp
