$RIVER

#RIVER

🚨 QUICK ANALYSIS FOR RIVER FUTURES 🚨

⌛ 15m, 1h, 4h ⌛

📈 Trend Direction (Futures): Bearish on short-term timeframes (15m/1h) following a sharp rejection from the 34.855 peak. The 4h chart shows a breakdown from a parabolic move, currently attempting to find a base near the 22.141 support zone. Ranging with a bearish bias.

💰 Entry Price: 23.500 - 24.100 (Sell/Short on relief rallies)

🎯 Targets: (Adjusted for 3:1 Risk-Reward):

🌟 TP1 ➤ 22.850

🌟 TP2 ➤ 22.200

🌟 TP3 ➤ 21.500

🛑 Stop Loss🫸: 24.650

(~2% risk from entry)

📢 LEVERAGE X5-X10 🔥

🪩 Order Book: Current bid/ask depth shows significant selling pressure with 65.51% asks vs 34.49% bids on the 5m micro-view. Liquidity walls are thinning on the buy side, suggesting further downside testing.

✨ Fibonacci Levels:

☄️ 0.618 Fib Retracement: 26.850 (Primary Resistance)

☄️ 0.5 Fib Level: 25.120 (Mid-term pivot)

☄️ 0.236 Fib Extension: 21.050 (Potential downside target)

☄️ Confluence: 24.500 zone aligns with the recent 15m breakdown point and fair value gap.

💧 Liquidity: Nearest liquidity pool sits just below 22.100, where long-position stops are likely clustered. A sweep of this level is expected before any significant trend reversal.

🗞️ News Sentiment: General market sentiment remains cautious as traders monitor altcoin volatility following recent liquidations. RIVER specifically shows high speculative interest but lacks immediate fundamental catalysts to sustain the previous 740% monthly gain, leading to natural profit-taking.

📝 NOTE: Price has entered a distribution phase after a massive rally; volume is decreasing on bounces, indicating lack of buyer conviction. Watch for a break below 23.000 to confirm the move to the 22.141 support floor.

#Write2Earn #3ALA2

Would you like me to monitor the order book for any sudden buy-wall appearances to adjust the entry range?