$RIVER has already gone through a sharp sell-off (-25%+) from the 4.60 highs, followed by weak consolidation near the lows. The bounce attempts are shallow and corrective, not impulsive, which tells us sellers are still in control. Price is forming lower highs and weak reactions, a typical continuation structure after heavy distribution.
This is not accumulation — it’s bearish consolidation after a breakdown. Until $RIVER can reclaim and hold above the key supply zone, downside scalps remain the higher-probability play.
📌 When does bias change?
Only if price reclaims and holds above 3.70–3.80 with strength. Below this zone, rallies are selling opportunities.
🔽 Short Scalp Trade Signal
Entry Zone: 3.45 – 3.65
TP1: 3.15
TP2: 2.90
Stop Loss: 3.85
Leverage: 20x – 40x
Margin: 2% – 5%
Risk Management: Secure partial at TP1 and trail stop to entry
This is a structure-based continuation scalp, not a random short. Patience on entries will significantly improve accuracy.
Short
#RIVER Here 👇👇