From $24 to $8 — Trend Collapse 📉
RIVER didn’t retrace.
It unwound a full parabolic cycle.
🔴 Blow-off top near $24
🔻 Lower highs → buyers fading
📉 MA breakdown → structure shift
💥 Volume expansion on the selloff
Now price sits near $8, RSI deeply oversold.
But oversold doesn’t mean reversal.
It often means momentum still dominates.
Is this true capitulation… or just the midpoint of a larger breakdown?