$RIVER ERUSDT Perp – Short-Term Trade Plan (15m)

Market Context

Price is trading around $57.9 after a sharp intraday dump from the $69 area to a low near $53.15. Structure remains weak with lower highs and price still below prior breakdown zones. The bounce from the lows looks corrective rather than impulsive, suggesting supply overhead near $59–$60.

Trade Plan (Primary – Short Bias)

Entry: $58.80–$59.40

Targets: $56.20 / $54.40 / $53.20

Stop: $61.10

Bullish Condition

If price holds above $56.00 and breaks and closes above $60.80 on strong volume, downside momentum is invalidated and shorts should be avoided.

Alternate Plan (Long on Strength)

Entry: $61.00–$61.40 after acceptance

Targets: $63.80 / $66.50

Stop: $58.90

Invalidation

Sustained trading above $61.10 invalidates the short thesis.

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