This trend has been one-sided for weeks. Nothing suggests it's over.
$RIVER is stuck in a strong downtrend. EMA20 below EMA50 below EMA200. Price keeps making lower lows. Every bounce fails.
RSI at 31 — oversold, but in a strong downtrend, oversold can stay oversold.
🔴 SHORT $RIVER
Entry: 3.73 – 3.76
SL: 3.85
🎯 TP1: 3.65
🎯 TP2: 3.58
🎯 TP3: 3.45
Timeframe: 15m
Setup fails if price closes above 3.80.
DYOR. Not financial advice.
$RIVER #Binance #BinanceSquare #cryptosignals
$RIVER is stuck in a strong downtrend. EMA20 below EMA50 below EMA200. Price keeps making lower lows. Every bounce fails.
RSI at 31 — oversold, but in a strong downtrend, oversold can stay oversold.
🔴 SHORT $RIVER
Entry: 3.73 – 3.76
SL: 3.85
🎯 TP1: 3.65
🎯 TP2: 3.58
🎯 TP3: 3.45
Timeframe: 15m
Setup fails if price closes above 3.80.
DYOR. Not financial advice.
$RIVER #Binance #BinanceSquare #cryptosignals