$RIVER /USDT perpetuals on Binance and the current data shows a short-term downtrend. Let’s break it down carefully from what you posted:

Price Snapshot

Last Price: $55.005

Mark Price: $55.132

24h High: $72.500

24h Low: $53.149

24h Volume (RIVER): 80.111

24h Volume (USDT): 1.54B

Price Action

Price has dropped from ~$72.50 high to ~$55, roughly -24% in the last 24 hours.

Recent candles suggest a bearish momentum, hitting lower lows.

Chart Reference

Key support: ~$53.1 (24h low)

Key resistance: ~$57–59 (recent bounce area)

Short-Term View

Since you mentioned “Short,” the market currently favors shorts in the very short term, but you need to watch for strong support around $53–$54.

A break below $53 could accelerate downside toward $47–$49.