๐ SHORT TRADE SETUP
๐ฐ Entry Zone: $27.80 โ $28.50
๐ฏ Target 1: $26.50
๐ฏ Target 2: $25.20
๐ฏ Target 3: $23.80
๐ Stop Loss: $30.20
๐ Analysis:
RIVER is showing signs of short-term weakness after facing strong rejection near the $33 resistance zone. On the 1H timeframe, price is losing momentum and trading below short-term EMAs, indicating bearish pressure. A pullback toward the $28 zone could offer a good shorting opportunity. Volume behavior suggests sellers are gradually gaining control, increasing the probability of further downside if resistance holds.
โ ๏ธ Trade with confirmation and proper risk management.
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