$RIVER Technical Analysis (Short Bias)

❗ Bearish Signals

Strong rejection near 24–26 resistance

High volatility → typical distribution phase

Previous sharp pumps → often followed by correction

Lower timeframe shows possible lower highs

👉 Short idea triggers if:

Price fails again at 20–22 zone

Break below 16 USDT support

📈 Bullish Invalidations

Break & hold above 26 USDT

Strong volume breakout → trend reversal

🎯 Short Trade Plan (Educational)

Entry: 20 – 22 zone (rejection confirmation)

Target 1: 17 USDT

Target 2: 14–15 USDT

Stop Loss: Above 26 USDT

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Resistance: 24 - 26 USDT 🔴

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▲ rejection zone

Current: ~17–20 USDT ⚪

Support: 14 - 16 USDT 🟢

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Major Support: 11 - 12 USDT 🟢 (strong base)