$RIVER /USDT short at 6.483 – exhaustion trap or continuation flush?
$RIVER - SHORT
Trade Plan:
Entry: 6.475 – 6.491
SL: 6.565
TP1: 6.422
TP2: 6.381
TP3: 6.320
Why this setup?
• Heavy SHORT bias (95/100) – daily trend is bearish, and the 4h bounce looks like a low-confidence dead cat against the 1D downtrend.
• 15m RSI at 63.1 sits near overbought, while 1h RSI is neutral at 49.53 – the short-term rally lacks momentum. 4h price is still below EMA50 (6.67) and EMA200 (7.02), confirming the broader bearish structure.
• Entry zone: 6.475–6.491. SL at 6.565 (tight – 1.3% risk). TP1 at 6.422. Invalidation only if price reclaims 6.792 – until then, sellers have the edge.
Debate:
If this breaks, I flip fast. If it holds, I press harder.
Tap Add Trade before the move confirms 👇️