RIVER Short Setup Bearish Momentum Continues
The chart for RIVER is showing a clear rejection from the recent highs. We are seeing consistent lower highs, and the price is currently struggling to maintain support levels.
Strong downtrend from the $26.63 peak.
Resistance: Major resistance sits near $15.50 Sell volume remains dominant on the 4H timeframe.
Entry Zone $14.05 – $14.15
Take Profit1 $13.20 Immediate Support
Take Profit2 $12.15 Major Weekly Support
Stop Loss $16.5 Above recent swing high
$RIVER is an early stage crypto asset. Volatility can be extremely high. Always use appropriate leverage 3x-5x recommended and never risk more than 1-2% of your total capital on a single trade. $RIVER
