$RIVER Swing sell setup 📉
🔻 RIVER/USDT – SELL SETUP (Safe & Low Leverage)
📌 Timeframe
4H (according to the image)
🔴 Sell Zone
51.80 – 52.20
➡️ Only SELL if rejection / bearish candle close is found in this zone
➡️ If there is a strong bullish close, avoid
🛑 Stop Loss (SL)
Above Top High:
👉 61.30 (buffer to avoid wick + fake breakout)
🎯 Targets (Book step-by-step)
TP1: 51.13
TP2: 43.50
TP3: 30.60 (aggressive / final)
➡️ Book 50% profit at TP1
➡️ Trail SL to entry
⚖️ Leverage (Keep low)
3x – 5x max
❌ Avoid high leverage (there is more volatility in the chart)
🧠 Logic (In simple words)
Price is at a major resistance zone
Elliott corrective structure (A-B-C-D-E) suggests downside
After uptrend, there is a chance of distribution + rejection
If a breakdown occurs, a fast fall may come (liquidity is below)
❌ Invalidation
If the 4H candle sustains above 57.60
👉 SELL cancel
👉 Trend will be considered strongly bullish