🔻 $RIVER Short Setup Alert, Bear Continuation (High Volatility)
$RIVER /USDT (Perp) printed a blow-off top near 23.877 and is now in a sharp distribution → breakdown phase. The latest 1H candle dumped through the ~17.80 area, signaling momentum still bearish unless price reclaims that zone fast.
📊 Market Snapshot
Timeframe Analyzed: 1H
Current Price: 16.685
24h High: 22.969
24h Low: 16.653
24h Vol(RIVER): 54.86M
24h Vol(USDT): 1.07B
📌 Key Levels to Watch
Resistance: 17.80, 18.50–19.00, 20.00
Support: 16.65, 15.63, 13.94
🎯 Trade Setup (SHORT)
Entry (Conservative): 17.45 – 17.85 (retest of breakdown zone)
Entry (Aggressive): below 16.65 on a clean 1H close / breakdown hold
TP1: 16.65
TP2: 15.63
TP3: 13.94
SL: 18.10 (above breakdown resistance)
✅ Confirmation Trigger
A failed retest + rejection wicks around 17.7–17.8 increases continuation odds toward 15.6.
⚠️ Invalidation
If price reclaims and holds above 17.8–18.1 on 1H, the short edge weakens (watch 18.5–19.0 next).
