$RIVER
RIVERUSDT
Perp
15.56
-11.60%
🔴 Conditional Sell Setup (Pattern Based)
Sell Entry:
➡️ 21.70 – 21.95 zone
(if a rejection candle / lower high forms here)
Confirmation:
✔️ 15m candle closes below EMA9 and EMA15
✔️ Trendline breaks
Stop Loss:
⛔ 22.30
Targets:
🎯 TP1: 20.11
🎯 TP2: 19.31
🎯 TP3: 17.60
🎯 TP4: 15.88
📊 Logic
21.7 – 22 strong resistance zone
Price is at an uptrend trendline → if it breaks, a sharp dump could occur
The M pattern / fake breakout you marked can allow sellers to take control if completed.
⚠️ Invalidation:
If a strong breakout occurs above 22.30, sell is canceled.