$RIVER SHORT SETUP BEARISH REJECTION AT KEY RESISTANCE ZONE 📉
Entry: 3.68576 🔥
Target: 3.52573 🚀
Stop Loss: 3.92032 ⚠️
The daily structure on $RIVER remains firmly bearish with lower highs and lower lows intact. Price is now tagging a clear supply zone between 3.6858–3.7039 while the 1H RSI has been fading through each retest — no momentum for a breakout.
Volume is declining on the recent green candles, suggesting the bounce is weak and mean reversion is likely. A break below 3.5257 accelerates the selloff toward 3.4129. Are you shorting this zone or waiting for a deeper retrace?
Not financial advice. Always manage your risk.
#RIVER #ShortSetup #Bearish #Crypto #SwingTrade
🔥
Entry: 3.68576 🔥
Target: 3.52573 🚀
Stop Loss: 3.92032 ⚠️
The daily structure on $RIVER remains firmly bearish with lower highs and lower lows intact. Price is now tagging a clear supply zone between 3.6858–3.7039 while the 1H RSI has been fading through each retest — no momentum for a breakout.
Volume is declining on the recent green candles, suggesting the bounce is weak and mean reversion is likely. A break below 3.5257 accelerates the selloff toward 3.4129. Are you shorting this zone or waiting for a deeper retrace?
Not financial advice. Always manage your risk.
#RIVER #ShortSetup #Bearish #Crypto #SwingTrade
🔥