$RIVER SHORT SETUP: BEARISH PRESSURE BUILDING 🔻
After a strong V-shaped recovery, price is now entering a previous resistance/supply zone. Early signs suggest momentum could shift back to the downside.
Entry: 18.5 – 20.2 🟥
Target 1: 16.80 🎯
Target 2: 14.90 🎯
Target 3: 13.20 🎯
Stop Loss: 21.20 🚫
Price facing prior supply and repeated rejection zones increases the likelihood of a pullback. If the entry range holds as resistance, the setup favors a downside rotation toward the next liquidity targets.
Disclaimer: Trading involves risk.
RIVERUSDT
Perp
6.522
+4.40%