🔴 $RIVER Short Setup | 📊 Futures


📍 Entry: 23.00 – 24.50

🎯 TP1: 21.00

🎯 TP2: 19.00

🎯 TP3: 17.50

🛑 SL: 26.00


⚖️ R:R 2.5:1

🔥 RSI 27.9 — oversold but downtrend intact

💰 Current: 22.28


📊 The current technical setup for $RIVER shows the price moving within a descending channel on the hourly timeframe, with RSI showing a downward trend. The sharp drop from 28.000 highs has broken below all major moving averages, with price failing to reclaim the 25.000-28.000 resistance zone. RSI at 27.880 suggests oversold conditions, but the bearish structure remains dominant with sellers controlling momentum. Any bounce toward 23.00-24.50 resistance presents a potential short opportunity as the downtrend continues toward lower support zones.


👀 DYOR


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RIVERBSC
RIVERUSDT
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