$RIVER just crashed 42% in a week and structure remains broken. Weak bounce attempts under resistance favor continuation down.
Short RIVER
Entry: $7.80–$8.05
Stoploss: $8.55
targets: $7.20-$6.10-$5.20
Price trades below SMA7/30/200 with negative MACD and RSI near 40 — no real reversal signal. Volume expanded on selloffs, showing strong supply. Loss of $7 psychological support can trigger fast liquidation toward $6 zone. Daily close above $8.5 invalidates this setup.
Trade $RIVER here 👇
RIVERUSDT
Löpande
7.867
-3.43%