$RIVER – Rejection From Local High
$RIVER made a sharp impulsive move above 24 and is now pulling back on the 1H timeframe. The recent rally shows signs of short-term exhaustion, with price rejecting from the local top and momentum cooling off.
Trade Idea: Short-Term Pullback
Entry Zone: 20.90 – 21.20
Stop-Loss: 24.30
Targets:🎯
• TP1: 19.50
• TP2: 18.80
• TP3: 17.80
A clean break below 20 could accelerate downside momentum toward lower support levels. Watch volume confirmation and manage risk carefully.
Trade $RIVER here👇
RIVERUSDT
Perp
13.5
-6.29%