SHORT $RIVER 🩸
RIVER’s crash after a vertical pump shows distribution, not recovery. When hype fades, price usually revisits lower liquidity zones before any real bounce.
Call Setup (Futures)
Entry: 13.8 – 14.5
Stoploss: 16.3
Target: 12.80 → 11.80 →10.0
Technical View:
Price failed to hold post-pump structure and keeps getting rejected on rebounds. Volume stays high but upside follow-through is weak, signaling trapped longs exiting. As long as RIVER can’t reclaim the prior breakdown range, probability favors continuation toward the lower demand zone before any sustainable reversal.
Trade $RIVER here 👇