🚨 $RIVER Bearish Consolidating in last hour
• Recent rejection at 46.91 (24h high) with follow-through selling
• Formation of lower highs and lower lows on 1h timeframe
• Testing of key support at 42.081 (S1) level
• Several pin bars and rejection candles near resistance levels
• Capital Flow: Consistent contract outflows across multiple timeframes (1H: -2.55M, 4H: -7.18M) confirm bearish sentiment.
Entry short $RIVER :
• Immediate: On rejection near 44.50-45.00 area
• Alternative: Break below 42.08 (S1) with confirmation
Stop Loss: 46.00-46.50 area
Target Prices $RIVER
• Primary: 42.08 (Support level)
• Secondary: 39.88 (lower support)
Support me just Click below to Trade 👇 Cheers.
Monitor for any bullish divergence or volume surge that might indicate trend change. This analysis suggests short-term bearish movement within a longer-term bullish context. #river #riverusdt