$RIVER – Short Setup


RIVERUSDT
Perp
17.81
+67.80%
Bearish continuation after distribution
Sharp rejection from the $60–66 zone, breakdown below $40 with increasing sell pressure. Structure has shifted from impulsive uptrend to lower high + lower low on the 1H timeframe.
Short Entry (Zone):
Entry: $39.5 – $40.0 (retest / weak bounce)
Invalidation / Stop: Above $46.3 (prior supply)
Targets:
TP1: $30–32 (local liquidity & demand)
TP2: $20–22
TP3 (extreme): $14–15 (liquidity vacuum)