$RIVER Trade You Don’t Want to Miss
Short
Entry: 14
SL: 15.5
TP: 11.5
Price is reacting from the previous support zone after a strong sell-off, but the overall structure is still bearish with clear lower highs forming. The recent bounce looks weak and more like a retest of the breakdown area rather than any real shift in momentum.
Sellers are still in control as long as price stays below the 15.5 zone, which aligns with the recent rejection area. This region is acting as supply now. If price fails to reclaim it, continuation toward 11.5 is the next logical move.
A clean push and hold above 15.5 would break the structure and invalidate this short. Until then, this remains a continuation setup to the downside.@The Trading Lens
RIVERUSDT
Perp
6.602
+4.34%