$RIVER /USDT (Perp) based on the data you provided:

RIVER/USDT Technical Analysis – Short Setup

Current Price: $8.12

24h Range: $4.765 – $8.900

24h Vol (USDT): 456.76M

Analysis:

Price surged +65% recently, reaching near $8.90.

Currently, price is retracing from the high, showing early signs of profit-taking and resistance rejection.

Short-term support is around $8.00 – $8.10, with stronger support near $7.50.

If $8.00 breaks decisively, the next target would be $7.00 – $6.97, aligning with the previous consolidation area.

RSI/short-term momentum likely overextended, favoring a short retracement setup.

Short Entry: $8.10 – $8.15

Targets:

T1: $8.00

T2: $7.50

T3: $7.00

Stop Loss: $8.50 (above recent swing high for safety)

Outlook:

Short-term bearish retracement likely after a parabolic surge.

Watch volume: if sellers dominate at resistance levels, it can trigger a sharper drop.

If you want, I can also draw a visual chart with entry, targets, and stop-loss so you can see the short setup clearly. Do you want me to do that?