🔴 $RIVER / USDT – Sharp Pullback After Rally ⚠️
RIVER saw a strong impulsive move toward the 84–86 resistance zone, followed by a fast rejection and heavy sell pressure. The highlighted candles show clear profit booking after an extended run-up.
📊 Trade Idea (Pullback / Range Play):
• Resistance Zone: 80 – 84
• Support Zone: 68 – 70
• Aggressive Long (only on confirmation): 68 – 70
• Target 1: 74
• Target 2: 80
• Invalidation: Below 66
📉 Market Outlook:
The move looks like a classic post-rally correction rather than full trend reversal. Volatility remains high. If price holds above the 68–70 demand zone, a bounce toward mid-range resistance is possible. Failure to hold this level may open deeper retracement.
⚠️ Trade patiently. Let the market confirm direction before entry.
