$RIVER USDT Market Update
Trade Type: SHORT → Bearish Structure Holding
Entry Zone: 16.80 – 17.10
Resistance Area: 17.50
Targets:
TP1: 16.20
TP2: 15.50
TP3: 14.80
Stop Loss: 17.90
Market View:
RIVER faced a strong rejection from the 21.30 high
and formed a clear downtrend with consistent
lower highs and lower lows.
The recent bounce from 15.07 looks like a relief
retracement, not a reversal. Volume is fading,
showing weak buying pressure.
Price is currently stuck below key resistance,
suggesting sellers are still in control.
If 17.50 fails to break, continuation towards the
previous demand zone is highly probable.
Bias: Bearish Continuation
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RIVERUSDT
Perp
19.83
+14.69%