Post
612 Ceros
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Bearish$RIVER /USDT is coiled for a breakdown most traders won't see coming.
$RIVER - SHORT
Trade Plan:
Entry: 10.630055 – 10.855945
SL: 11.420668
TP1: 10.065332
TP2: 9.839442
TP3: 9.387663
Why this setup?
4H chart is armed for a short. RSI on the 15m is deeply oversold at 32.38, suggesting a weak bounce before continuation. The daily trend is range-bound, and price is rejecting the upper entry zone near 10.855. ATR indicates low volatility, often a precursor to a sharp move.
Debate:
Is this oversold RSI a bear trap or the calm before the drop to TP1 at 10.065?
Click here to Trade 👇️
$RIVER - SHORT
Trade Plan:
Entry: 10.630055 – 10.855945
SL: 11.420668
TP1: 10.065332
TP2: 9.839442
TP3: 9.387663
Why this setup?
4H chart is armed for a short. RSI on the 15m is deeply oversold at 32.38, suggesting a weak bounce before continuation. The daily trend is range-bound, and price is rejecting the upper entry zone near 10.855. ATR indicates low volatility, often a precursor to a sharp move.
Debate:
Is this oversold RSI a bear trap or the calm before the drop to TP1 at 10.065?
Click here to Trade 👇️
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