📉 $RIVER Trade Update — Riding the Pullback ⚡ #RIVER #CryptoTrading
Our third short trade on $RIVER is still running strong and in profit, following the broader bearish trend. The overall structure suggests that $RIVER could eventually drop toward $9, but price action rarely moves in a straight line.
💡 Current Scenario:
We’re seeing a short-term pullback forming, with the price moving toward $16–$17. I’ve started riding this pullback long with a scalp target around $16.5, similar to the approach we took alongside yesterday’s short.
📊 Trade Insight:
This setup allows you to capture profits in both directions: riding the pullback while keeping the main bearish bias intact. The key is timing and patience, watching how price reacts around the $16–$16.5 zone before deciding next moves.
⚠️ Trend Reminder:
The long-term trend remains bearish. The pullback is temporary — a bounce before potential continuation toward lower targets.
Stay alert and manage risk properly; setups like this reward discipline over greed.
#Crypto #RIVER #ShortTrade #PullbackTrade #TradingStrategy