🚨 $RIVER USDT — Rejection From 24
RIVERUSDT
Perp
18.89
+0.24%
| Pullback in Motion
Explosive rally from 16 → 24.07
Sharp rejection at highs.
Now 1H structure is cooling.
Is this healthy pullback… or start of deeper correction?
📊 Structure Update
• Long upper wick at 24 = supply hit
• Bearish follow-through confirmed
• Price hovering near 21 support
• Volatility still elevated
Momentum has slowed. Decision zone approaching.
🔴 SHORT SCENARIO
Entry: 20.90 – 21.20
SL: 24.30
TP1: 19.50
TP2: 18.80
TP3: 17.80
⚠️ If 20 breaks with volume → acceleration likely.
🟢 BULLISH INVALIDATION
Reclaim 22.5–23 with strength
→ 24 retest
→ Continuation structure resumes
No mid-range trades.
Wait for confirmation at key levels.
Impulse → Rejection → Reaction phase.
Your bias: Pullback or continuation? 👇