Your analysis is correct, the decline has started again

$RIVER Warning, the trend reversal is ignored by small traders.
$RIVER Did not maintain support at $10 and reversed sharply.
Buyers fell into a trap, and momentum is now in favor of sellers.
Entering a sell on the pullback provides a high-probability opportunity.
Open a sell position in the range of 10.2 – 10.5 for scalping or short-term swing.
First target at 9.20, second target at 8.55, third target at 7.90.
Stop loss at 11.05 to protect capital.
Closing price above 11.05 invalidates the selling idea.
This is a classic buy trap that most small traders fall into.
Trend + structure + trading volume all confirm the continuation of the decline.
Watch price action on small pullbacks to confirm selling opportunities.
(Dyor)$RIVER