RIVER breakout of the ascending channel — this is a key moment for a PM to reevaluate positions

Currently, RIVER is at a critical point, and this is the perfect moment to reconsider your trading strategy. The coin is attempting to break out of an upward channel, but this does not automatically mean a decline. Rather, it signals that the market requires careful monitoring of current support and resistance levels.

Technical Analysis: Upward Channel and Price Dynamics

If the coin indeed leaves the upward channel, a decline could reach levels of $54-60. However, rushing to open short positions is not advised. At a price of $22.15 with a +30.73% increase, RIVER shows a strong upward momentum. Currently, this is a watchful period — it’s important to observe how the price behaves relative to the lower boundary of the channel. A bounce off support short positions face the risk of being closed at a loss.

Funding Rate: Hidden Danger for Shorts

A significant funding rate every four hours presents a serious risk for holders of short positions. RIVER’s history shows that the coin often gives a false signal of decline, then the funding shifts to an hourly cycle, creating a powerful downward impulse. This is a market tactic that systematically traps speculators. Investors should preserve capital and resist the temptation to go short at the first signs of correction.

Fuel for Growth: BTC Leads the Uptrend

Notably, even Bitcoin (BTC) movement at the current price of $77.52K and a decrease of -0.87% does not distract RIVER from its upward trend. This indicates independent strength of the altcoin. The market often forgets that coins are capable of sustained growth, so investors too frequently look for declines instead of following the main trend.

Personal Experience: From $4.70 to $13.80 — Lessons from a Burned Strategy

At the $4.70 level, it seemed clear that shorting was unwise, but this advice went unnoticed. Later, when the price reached $13.80, it became obvious that long positions yielded much more stable profits. This is a moment to reevaluate — attempting to short after $40 was a costly mistake. Such growth opportunities often pass by those fixated on finding declines.

Current Positioning Recommendations

At this moment, it’s better to refrain from active shorting and to monitor the price behavior in critical zones more carefully. The presence of fuel for an all-time high (ATH) suggests potential for further growth. The question for traders: are you in a long or short position? What results does your current strategy show? This is the perfect moment to rethink your approach and respect the current market impulse.