🚨 $RIVER Trade Setup – Don’t Ignore This Move
$RIVER just squeezed hard after a strong rebound 📈
Momentum is still there… but smart money knows when risk starts increasing ⚠️
I’m watching a potential SHORT opportunity here 👇
💰 Entry Zone: $17 – $18
🛑 Stop Loss: $19.5
🎯 Targets:
➡️ $15.8
➡️ $14.5
➡️ $13.2
📊 Technical Breakdown:
• Price is extended above MA7 & MA30 → bullish structure intact but overstretched
• RSI near 68 → approaching overbought zone
• MACD still positive → momentum exists, but after sharp pumps it usually slows
• $17–$19 zone = strong supply (previous breakdown area)
⚠️ Expectation:
Rejection from supply → pullback towards MA support before any continuation
This is not a blind short — it’s a risk-managed setup based on structure.
👇 Trade $RIVER carefully
#RIVER
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