🩸 $RIVER — Blow-Off Top Confirmed | Trend Reversal in Play
Parabolic advance met aggressive rejection at the highs. Heavy supply entered instantly, flipping momentum decisively bearish. Relief bounces remain weak, volume continues to fade, and price is failing to reclaim the breakdown zone.
This price action signals distribution after a blow-off, not a healthy correction. Structure favors downside continuation ⬇️
Short Trade Setup:
Entry Zone: 30.0 – 32.0
Stop Loss: 36.0
TP1: 26.0
TP2: 22.0
TP3: 18.0
⚠️ Bias remains bearish while price trades below the breakdown area. Bulls need a strong reclaim to invalidate this setup.
Trade smart. Protect capital.