$RIVER just made a strong push, but the chart is starting to show fatigue.
Price is trading near 38.58 after a sharp pump, and the follow-through is getting weaker. Instead of clean continuation, we’re seeing hesitation and slower candles. That’s often how exhaustion begins to show up after an aggressive move.
The key resistance zone sits between 39.80 and 40.10. As long as price stays below 39.80, the short idea stays in play. This area looks like a ceiling where late buyers can get trapped.
Support rests around 36.90. If price starts rolling over, the first downside target comes near 37.20. A deeper pullback opens the door toward 35.75, where stronger buyers may try to step back in.
Invalidation is clear. A solid break and hold above 40.10 means the trend isn’t done yet and the setup is off.
This is a classic exhaustion fade. Big pump first, slow reaction after.
No rush. Let price confirm. Trade the levels and keep emotions out of it.
#TrumpTariffsOnEurope #CPIWatch #MarketRebound #MarketRebound #USJobsData