$RIVER
#RIVERUSDT Bearish Rejection Ready! 📉
Market Context
River Protocol ($RIVER) is showing distinct signs of Exhaustion near its recent local range highs. After a brief bounce from the lower liquidity bounds, the price action is heavily struggling to sustain momentum as it encounters strong overhead supply. Sellers have aggressively stepped in to defend this distribution zone, printing clear rejection wicks on the lower timeframes. With buying volume drying up, the market structure strongly favors a short-term breakdown and a continuation lower toward untapped downside demand pockets.
Trade Plan
Entry Zone: 5.08 – 5.15
Stop Loss (SL): 5.37
Take Profit 1 (TP1): 4.90
Take Profit 2 (TP2): 4.75
Take Profit 3 (TP3): 4.60
Pro Tip: Volatile range setups can occasionally trigger sudden, rapid liquidity wicks upward to trap early bears before the real distribution leg begins. Protect your trading capital efficiently by locking in partial profits the exact moment the price taps TP1. Once secured, immediately drag your Stop Loss to your entry price (breakeven) to let the rest of the position run completely risk-free.
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