RIVER/USDT Short Signal: 4H Overextension

​Analysis of 1000176137.jpg shows a parabolic move hitting extreme overbought levels.

​📉 Technical Setup

​Context: RSI is at 82.4, signaling the rally is overextended. The price is hitting resistance at $7.88.

​Strategy: Mean reversion toward the MA(25).

​🎯 Trade Levels

​Entry: $7.45 - $7.60 (Sell on current weakness or a slight retest of the high).

​Take-Profit (TP): $6.60 (Targeting the MA(25) support).

​Stop-Loss (SL): $8.05 (Exit if the recent high at $7.88 is reclaimed).

​⚠️ Risk Warning

​Shorting a strong uptrend is high risk. Only use small leverage and maintain a strict stop-loss.

​#RIVER #ShortSignal #TradingTips