⚠️ If you’re about to trade $RIVER read this first or you’ll get trapped.
Right now RIVER is consolidating after a dump. This is the most dangerous phase, not the trending phase.
Coins like RIVER don’t move in a clean straight line. They trap. Very often what happens after a dump is simple: price goes sideways, makes people confident on shorts, then pushes up, grabs some longs and short stops, and only then continues the real move down.
And we all know how RIVER moves. Sudden spikes. Sudden wicks. No mercy.
So this is not the time to rush into trades. This is the time to watch.
Yes, it is very likely that the RIVER bull run is over. I already said this before this weekly candle even opened and mentioned that we are very likely to see a big red weekly candle. We got it. But that does not mean the move is finished yet.
Markets don’t move in straight lines. They rebalance first.
Right now, RIVER can still push into the 62–65 zone. That area makes sense for a pullback. If price goes there and shows clear weakness, that’s where a low-risk short makes sense. Not here in the middle.
For now, this is a waiting and observing phase.
And one honest advice, especially for new traders:
Protecting capital is the hardest part of trading.
I’ve blown more accounts than I can count before I truly understood this.
Never make one trade your “only trade”.
Never risk big because a setup “looks perfect”.
Risk management is not important. It is everything.
Right now, I’m waiting. Let the market show its hand first.
I’ll update as soon as structure becomes clear. Stay alert.
(If you want to learn how to read these phases properly and avoid getting chopped in coins like this, check my pinned post.click here
First survive. Then grow.
