🔻 $RIVER Market Update — Bearish Structure Intact 🔻
$RIVER remains trapped in a strong bearish trend 🐻📉, with weak bounce attempts following the recent capitulation ⚠️. Price continues to print lower highs and lower lows ⬇️⬇️ below EMA25 and EMA99, confirming ongoing downside pressure 📊.
The bounce from 43,900 looks purely corrective 🔄, with the EMAs acting as dynamic resistance 🚧 and sellers firmly in control 💪🐻.
🎯 Trade Setup (SHORT):
📍 Entry Zone: 47,800 – 48,500
🎯 TP1: 46,200
🎯 TP2: 44,500
🎯 TP3: 42,900
🛑 Stop Loss: 49,900
📉 Trend bias remains bearish unless price can reclaim EMA25 with strong momentum ⚡📈. Until then, favor selling rallies 🧠📉 over risky bottom-fishing 🎣❌. Stay disciplined and manage risk 👀💼.
#RİVER #RIVERBUY #GoldOnTheRise
RIVERUSDT
Perp
38.71
-22.99%