$RIVER consolidating after a sharp dump — bearish continuation likely 📉
🔴 SHORT $RIVER
Entry Range: 5.67 – 5.72
SL: 5.84
TP1: 5.62
TP2: 5.58
TP3: 5.50
Price is moving sideways after a strong breakdown, holding near the lower Bollinger Band. This kind of weak consolidation usually signals continuation rather than reversal. As long as price stays below the mid-band resistance, sellers remain in control. A breakdown of the recent low can trigger the next leg down.