$RIVER just went parabolic momentum is hot, but structure is overstretched.

SHORT $RIVER

Entry: $28- $29

Stop-loss: $32

Targets: $26.5 $23.8 $21

Technically, price is far extended above SMA7 ($26.3) and SMA30 ($21.7), while RSI7 ~77 sits deep in overbought a classic setup for profit-taking. Even though MACD stays bullish, late-stage pumps usually pull liquidity back before continuation.

As long as $RIVER can't accept above $29, upside becomes risky to chase. A loss of $26 opens room for a faster pullback. Best play here is to SHORT the euphoric push and trade the cooling phase after the vertical move