$RIVER is starting to look like a potential bull trap unless buyers show strong follow-through.

$RIVER – SHORT Setup

Entry: 13.21290 – 13.45183

Stop Loss: 14.04914

Targets:

TP1: 12.61559

TP2: 12.37666

TP3: 11.89881

Setup Rationale:

The 4H structure is leaning bearish, while the daily timeframe remains range-bound. Price is currently reacting within the 13.21–13.45 zone, near 13.33, showing signs of rejection.

On the lower timeframe, RSI (15m) is sitting around 30, indicating stretched momentum—so patience on entries is key. Meanwhile, 15m volume has surged to 144.80K compared to the 1H average of 66.45K (2.18x increase), suggesting strong selling pressure and confirming rejection from this zone.