🔴 $RIVER — THE DROP ISN'T DONE YET.
Down 36% in 7 days. Down 12.74% today alone. And every single indicator on the 15m and 1H chart is screaming the same thing: the sellers are still in full control.
Here's the reality check on $RIVER right now — RSI(6) is sitting at a jaw-dropping 16.48 on the 1H chart. SuperTrend is bearish across every intraday timeframe. The order book is stacked 82% on the ask side. OBV is negative and still declining. This is not consolidation — this is distribution.
🎯 SHORT SIGNAL — RIVERUSDT PERP
📍 Entry Zone: $13.35 – $13.55
🛑 Stop Loss: $14.15
✅ TP1: $13.00 (+2.6%)
✅ TP2: $12.60 (+5.6%)
✅ TP3: $11.96 (+10.8%)
⚖️ Risk/Reward: 1:1.9
Pro tip: RSI is massively oversold, so don't chase the short at the current price. Wait patiently for a relief bounce back into the $13.55 zone, then enter. The trend does the heavy lifting after that.
The macro picture for $RIVER ? Season 4 token unlock conversions are hitting in late April — that's more supply entering a market that's already struggling to find buyers. Daily support sits near $12.581 (SuperTrend), which lines up perfectly with TP3.
⚠️ DYOR. This is an early-stage project with extreme volatility. Manage your risk. Size your position appropriately.
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