$RIVER/USDT SHORT TRADE SETUP
$RIVER is trading at 3.539, currently down a significant -24.36% as it breaks down from its recent distribution phase. On the 15m chart, the price has faced heavy rejection near 5.099 and is currently showing powerful bearish momentum, hitting a local low of 3.517. A failure to reclaim the 3.786 level confirms that this downward trend has further room to run toward deeper support zones.
Target Points
TP1: 3.437
TP2: 3.200
TP3: 2.850
Stop Loss
Set stop loss above 4.134 to protect against a sudden short squeeze above the recent breakdown zone.
Buy and Trade here on $RIVER
RIVER
Alpha
3.40386
-26.24%