**RIVER Perpetual Contract Market Observation**

As of now, RIVER is quoted at 15.23 USDT. This price level is in a position worth paying attention to.

**From a broader perspective**

Observe the wide range between $11.0 and $22.0. The 15.23 quote is right in the upper middle part of this range. Bulls and bears are repeatedly tugging here, a typical battle zone.

Above $22.0 is a resistance level caused by both psychological and technical pressures. To truly break through upwards, it must effectively surpass this level; otherwise, the upward momentum will be difficult to sustain. Below, $11.0 serves as a long-term defense line. If the price revisits this level, it is likely to trigger fierce competition.

The current position at 15.23 is close to the upper resistance, with limited room for upward movement. In the short term, there is no clear direction, but based on recent market sentiment, there seems to be a downward trend.

**Trading Strategy**

If a weakening trend truly begins, focus on the recent minor support zone between $14.5 and $15.0. A break below this would be a confirmation signal of short-term weakness. At that point, consider **short selling**, targeting around $11.0 below.

The levels at $22.0 and $11.0 are very critical; they largely determine the future major trend direction.

**Risk Management**

Volatility within the wide range can be intense; bullish and bearish moves are normal today. If you chase a short position now, it’s best to set the stop-loss above $16.0. Also, pay attention to position sizing—avoid putting everything in at once. There is still considerable space below for strong support, leaving room for adjustment.

Real-time market signals are the most important; decisions should be made based on the current specific situation.