Guys, eyes on the charts... $RIVER update. 👇
We’re seeing a strong pullback forming right now. Volume is surging, which suggests momentum is starting to cook. After breaking down the current structure, here is the execution plan:
Short-term: Expecting a relief bounce/push toward the 13.5 – 14.0 zone.
The Macro View: High probability of a rejection at those levels leading to a sharp dump toward $9.
The Play:
Short Position: Still running from the top. 📉
Scalp Long: Entering a small, quick long here for the bounce.
Exit Strategy: This is a quick move only. Once we hit that upper resistance, Close the Long & Hold the Short.
⚠️ Risk Management: Do not get greedy. Set your SL at $11.6.
Follow the market, not your ego. We move with price to print. 💰🫡
RIVER
Alpha
6.25132
-3.98%