Fact-Checking the Rumors)

​Headline: Is $RIVER Ready to Bounce or Is It Just a Trap? Let's Analyze the Truth.

​Market Overview

There is a lot of chatter about $RIVER hitting a "bottom" after dropping from 86.00 to 30.00. But does the data support a reversal? The 4H and Daily charts show a catastrophic breakdown of structure. We are currently sitting at 31.05, just hovering above the recent low of 29.85.

​Technical Reality Check

​Trend: The trend is undoubtedly Bearish.

There is no "Higher High" yet.

​Moving Averages: The price is being rejected by the Yellow MA(7) on the 1H timeframe.

Until we close above 34.00, the bears are in control.

​Volume: The buying volume at this level is weak compared to the selling pressure we saw at the top.

​The Strategy

Trying to catch a falling knife here is dangerous. The "safe" long is only if we reclaim structure.

​Entry Strategy: WAIT. Only enter if price breaks 33.50 and retests.

​Aggressive Entry: 30.00 - 30.50 (Strictly for a scalp bounce).

​Stop Loss: 29.00 (Must be below the wick).

​Take Profit: 36.00 / 40.00.

​Final Decision: WAIT (Trend is too bearish).

Confidence Level: Low (for Longs).

​#BİNANCE #RIVERUSDT #TechnicalAnalysis Market Truth $cc $XVS