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RIVER is currently in a critical time window. With less than 3 days remaining until the large unlock on the 22nd, this phase often sees volatility being fully exploited by the main players.
From a technical perspective, focus on the resistance zone around $35. If the price rebounds weakly here or experiences high-level oscillations without stabilizing, especially if it breaks below the key support line at $27.70, it would be an ideal opportunity for a bearish setup. But the prerequisite is discipline—absolutely avoid rushing in blindly to short. The days leading up to the unlock are high-frequency periods for main players to release volatility, and leverage liquidations happen frequently, so setting stop-losses is a must, not an option.
If you prefer to go long, wait until above $35 before considering shorting—simply put, the chance to bottom fish is rare once missed. Better to stay on the sidelines and avoid chasing highs and getting caught. At this stage, patience is more valuable than active trading itself.