$RIVER — Post-pump distribution is resolving lower as sellers absorb every bounce.

Short RIVER

Entry: 16.8 – 17.4

SL: 18.6

TP: 15.2 – 14.2 – 13.0

$RIVER topped aggressively near 23.8 and immediately saw heavy sell pressure, signaling exhaustion at highs.

The breakdown below key EMAs shows buyers failing to reclaim control after the impulse move.

Recent price action is compressive and corrective, suggesting distribution rather than accumulation.

Momentum remains weak, and structure is trending lower on the intraday timeframe.

As long as price stays below the 18.5–18.6 supply area, further downside remains favored.

Trade RIVER on Binance👇

#Altcoins #CryptoFutures #PriceAction

RIVERUSDT

Perp

14.97

+19.09%