🚨 $RIVER Weekly Update — Read Before You Trade

Guys… zoom out and look at this 👇🏻

$RIVER just made a massive move and printed a huge spike… then instantly rejected from the top (around 86).

And now? Price is sitting around 16 after extreme volatility.

People will say:

“Price already dumped 😱 is it safe to buy now??”

Relax. Don’t rush.

Right now, this is NOT a clean trend —

this is post-pump consolidation with high risk.

👉 That big wick at the top = strong rejection

👉 Price is now below MA(7) → short-term weakness

👉 Market is unstable after a parabolic move

This is where most traders get trapped.

📌 Reality check:

After such a huge pump + dump, market needs time to stabilize.

Possible scenarios:

— Small bounce, then another drop 📉

— Sideways chop before next move 🔄

🚫 Don’t FOMO into random entries

🚫 Don’t assume bottom is in

👉 Let price build structure

👉 Wait for confirmation (reclaim of key levels)

Until then…

Stay patient. Stay smart.

Sometimes the best trade is no trade 🫡