🚨$RIVER just completed a classic pump → dump structure.😱
Price is now sitting on key support around 30–32.
If this level fails… next liquidity zone is much lower
What we’re seeing here is classic:
📈 Vertical expansion from ~15 → ~85
📉 Sharp rejection at the top
🔻 Now price is back at major horizontal support (~30–32)
This level is make or break.
Key observations for viewers:
✅ Previous resistance → now acting as support
❌ Momentum is clearly bearish (lower highs + strong sell candles)
⚠️ If 32 fails, next liquidity zone sits much lower (eyes on the 10–15 area 👇)
Possible scenarios:
🟢 Bull case:
Price holds ~30, forms a base, and gives a relief bounce back toward 40–45.
🔴 Bear case (more likely right now):
Clean break below 30 → acceleration down into the 10–15 liquidity pocket.
Trading mindset 🧠
Don’t chase.
Let price confirm.
📌 Wait for:
• Support hold + bullish structure = potential long
• Support breakdown + retest = short continuation
Risk management > predictions.
$RIVER
#river