$RIVER : DEAD CAT BOUNCE! ⚠️ [SHORT SETUP]
AJH Market Analyst reporting. After the unlocking of tokens, the current bounce at $RIVER is a liquidity trap. With 61.40% Longs, the whales have the gasoline ready to keep pushing down.
📊 Technical Analysis:
Bounce without real volume. If the price does not hold $14.20, we will look for liquidity at the base of the movement.
📉 Trading Strategy (Short):
🎯 Entry: $14.50 - $14.80.
🛑 Technical Stop Loss: $16.10 (CRITICAL LEVEL). If the price hits $16.10, the Short structure is invalidated and the scenario changes completely. Discipline!
💰 Take Profits:
TP 1: $13.20
TP 2: $12.15
TP 3: $10.50
🚀 Why follow me? Here we don't guess; we operate with Market Structure and Liquidity Data. If you want to stop being a sardine and start protecting your capital like a Smart Dolphin, follow me now! 🐬💎
Is it a dead cat or are we recovering $16? I read you below. 👇
$RIVER
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