$RIVER USDT SHORT TRADE SIGNAL
Technical Analysis:
RIVERUSDT is showing strong bearish momentum after a sharp rejection from the recent high around 66.00. Price has broken down aggressively and is trading well below key support zones, indicating sellers are firmly in control. The heavy volume during the drop confirms distribution, and despite RSI previously touching overbought levels, price action suggests continuation of the downtrend rather than reversal.
Trade Setup (SHORT):
Entry: 31.00 – 32.00
Take Profit 1: 28.00
Take Profit 2: 24.50
Take Profit 3: 22.00
Stop Loss: 35.50
Market Outlook:
Overall market structure for RIVERUSDT remains bearish. As long as price stays below the broken support zone, further downside pressure is likely. Any short-term bounce is expected to be a corrective pullback rather than a trend reversal.
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