Just pulled up this chart guys and I’m seeing a classic continuation pattern on RIVERUSDT.
$RIVER /USDT — SHORT
Trade Plan
· Entry: 2.700 (current market price)
· SL: 2.830 (above the recent minor peak and 25 MA)
· TP1: 2.560
· TP2: 2.510
· TP3: 2.440
Why this setup?
Price recently rejected the long-term 99 MA (2.891) and is now trading below all three moving averages. The 7, 25, and 99 MA are stacked bearishly, confirming clear downside momentum. With a fresh 24h low of 2.552 just below, RIVER is likely to test that floor again.
Ending: Keeping it simple—let the bears run their course. $RIVER
$RIVER /USDT — SHORT
Trade Plan
· Entry: 2.700 (current market price)
· SL: 2.830 (above the recent minor peak and 25 MA)
· TP1: 2.560
· TP2: 2.510
· TP3: 2.440
Why this setup?
Price recently rejected the long-term 99 MA (2.891) and is now trading below all three moving averages. The 7, 25, and 99 MA are stacked bearishly, confirming clear downside momentum. With a fresh 24h low of 2.552 just below, RIVER is likely to test that floor again.
Ending: Keeping it simple—let the bears run their course. $RIVER