⚠️ $RIVER — Don’t Chase, Trap Zone Ahead 👀
$RIVER (Perp)
Price hovering near $29.7 after a sharp pump — this is NOT a long zone.
This is shaping up as a clean short setup with solid risk–reward.
👉 Trading Plan
• Light short around $29.7
• If price spikes to $30 → short more aggressively
• Conviction play: expect a move back below once momentum fades
📉 Why downside is loading
1️⃣ Distribution at the top
Strong pump → now sideways chop
Long upper wicks = sellers absorbing late buyers
Classic smart-money distribution
2️⃣ $30 = psychological wall
Big round number
Sellers defending hard
No breakout without explosive volume → rejection likely
3️⃣ Volume divergence
Price pushed up, volume didn’t follow
Green candles + weak volume = weak demand
When momentum dies, drops come fast
4️⃣ Manipulated coin structure
Fast pump → tight range → fake stability
Then the usual part… vertical dump, slicing supports
📌 Context check
$BTC and $ETH pumping = perfect environment for altcoin traps
Not every coin follows — some get sold into strength
Trade the structure, not the emotion.