River has been facing significant selling pressure in the $400 million zone—bearish momentum keeps building around this level. The short interest here is pretty substantial.



Sure, there's buzz about the X layer integration and fresh partnerships, but will that be enough to reverse the downtrend? Not convinced. The fundamentals don't support a rally from this price area.

The setup looks weak. I'm watching for another leg down and looking to enter a short position. The resistance at $400M+ is too strong to break through right now, and with this level of short interest already accumulated, a bounce would just be a trap for longs.
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AirdropChaservip
· 23h ago
Looking at this bear trap... Is anyone still buying at the bottom?
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rugdoc.ethvip
· 23h ago
It's just a bear trap, don't be fooled.
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HalfPositionRunnervip
· 23h ago
The bearish sentiment is too strong; this rebound is probably fake.
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LiquidatedDreamsvip
· 23h ago
It's the same old script again. X layer and partnership can't save it. The rebound is just an opportunity for the bears to add to their positions.
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MetaverseVagabondvip
· 23h ago
Hmm... Looking at this short-term accumulation, the rebound is just a trap to lure more buyers.
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DeFiAlchemistvip
· 23h ago
*adjusts alchemical instruments* the transmutation of capital at $400M is merely illusion... those X layer whispers won't pierce the veil of accumulating short pressure. ngl, the mathematical equilibrium screams downward—resistance behaves like philosopher's stone, immovable. watching this carefully.
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