Guys, $RIVER is still in a downtrend (lower highs + lower lows) ๐
๐ Current pump is just a relief bounce, not a strong reversal
๐ Resistance: 15.5 โ 16.5 zone โ
๐ Support: 13 โ 12 zone ๐ข
๐ Best play right now:
๐ป SHORT (better option)
Entry: 14.5 โ 15.8
SL: 16.8
TP1: 13.5
TP2: 12.5
TP3: 11.5
๐ Reason:
Trend is still bearish, every bounce is getting sold
โ ๏ธ Only consider LONG if:
๐ Price breaks and holds above 16.5+
๐ฅ Simple rule:
Below 16.5 = Short ๐
Above 16.5 = Long ๐