🚨 $RIVER Alert – Short-Term Pullback in a Bullish Trend
has been pumping hard in the current bullish trend, but overbought conditions suggest a short-term correction may be imminent.
Technical Snapshot (1H/4H)
Volume: Massive spike on the 4H chart (~2.4M), above usual 1H averages → indicates capitulation buying. Latest candle shows tapering volume, hinting at distribution.
Capital Flows:
Institutional buying remains strong: +71.9M USDT (24H), +156.9M USDT (7D)
Short-term outflows observed: -2.48M USDT (last 5 min) → smart money may be taking profits
Short Entry Strategy
Aggressive: Short partial position between 29.47–30.00 USDT (resistance zone)
Conservative: Wait for retest near 31.47 USDT for better entry
Stop Loss: ~3.5% above entry (~31.5 USDT)
Targets (TP)
TP1: 28.7 USDT (upper Bollinger band)
TP2: 26.83 USDT (MA5)
TP3: 25.94 USDT (MA10)
📌 Takeaway: Medium-term bullish structure remains intact, but short-term traders may capitalize on this pullback opportunity.
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