$RIVER SHORT ZONE ACTIVE – RESISTANCE HOLDS KEY STRUCTURE 📉
Entry: 3.532 - 3.819 🔥
Target: 3.217 / 2.766 / 1.544 🚀
Stop Loss: 4.081 ⚠️
Price is approaching a well-defined supply area between 3.532 and 3.819, where previous sell-side liquidity rests. The stop at 4.081 sits just above a clear swing high, making this a tight invalid zone for a short. Three profit targets suggest strong conviction in a downside move, with the deepest target at 1.544 representing a nearly 60% decline from the entry range low.
Volume on the daily chart remains low near resistance, a common precursor to rejection. Are you entering at 3.532 or waiting for a full test of 3.819?
Not financial advice. Always manage your risk.
#RIVER #ShortSetup #Crypto #Resistance
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Entry: 3.532 - 3.819 🔥
Target: 3.217 / 2.766 / 1.544 🚀
Stop Loss: 4.081 ⚠️
Price is approaching a well-defined supply area between 3.532 and 3.819, where previous sell-side liquidity rests. The stop at 4.081 sits just above a clear swing high, making this a tight invalid zone for a short. Three profit targets suggest strong conviction in a downside move, with the deepest target at 1.544 representing a nearly 60% decline from the entry range low.
Volume on the daily chart remains low near resistance, a common precursor to rejection. Are you entering at 3.532 or waiting for a full test of 3.819?
Not financial advice. Always manage your risk.
#RIVER #ShortSetup #Crypto #Resistance
⚡
