🚨 $RIVER – Short Setup (4H)
Bias: Bearish continuation
– Price below EMA7/25/99 → strong downtrend
– Lower highs + lower lows confirmed
– RSI ~30–35 → weak bounce, not reversal yet
📍 Entry Zones:
• 🔴 14.2 – 14.8 (retest EMA / resistance)
• 🔻 OR breakdown below 13.5 for continuation
🛑 Stop Loss:
• ❌ 15.6 (above EMA25 / structure)
🎯 Targets:
• 🎯 TP1: 12.8
• 🎯 TP2: 11.5
• 🎯 TP3: 10.5
⚠️ Note:
Price is near short-term support → avoid chasing. Best entry = pullback + rejection.
👉 Conclusion: Short the bounce, not the bottom.
RIVERUSDT
Perp
14.42
-2.61%