🔴 $RIVER FAILS BREAKOUT – BEARISH STRUCTURE TARGETS 2.50 FIRST! 📉
Entry: 2.68–2.72 ⚡
Target: 2.50 🎯
Target: 2.20 🎯
Target: 1.837 💥
Stop Loss: 3.03 ⚠️
📉 Price slammed into the 2.97 rejection zone and got sent back like a bad check. The breakout attempt failed to hold, and the lower timeframe is already printing lower highs – textbook bearish sequence. 📊 As long as 3.03 stays untested, the path of least resistance is down, with the first liquidity pool at 2.50 acting as a magnet.
🔍 The structure is clear: sellers are defending the micro-range with conviction, and the volume behind this rejection whispers that the next move could be violent. 💡 I'm watching for a clean break below 2.68 to confirm the continuation, but the setup is already active. 💬 Are you shorting this rejection or waiting for a retest of the broken support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #RIVER #ShortSetup #Bearish #Crypto #Trading
🐻 📉
Entry: 2.68–2.72 ⚡
Target: 2.50 🎯
Target: 2.20 🎯
Target: 1.837 💥
Stop Loss: 3.03 ⚠️
📉 Price slammed into the 2.97 rejection zone and got sent back like a bad check. The breakout attempt failed to hold, and the lower timeframe is already printing lower highs – textbook bearish sequence. 📊 As long as 3.03 stays untested, the path of least resistance is down, with the first liquidity pool at 2.50 acting as a magnet.
🔍 The structure is clear: sellers are defending the micro-range with conviction, and the volume behind this rejection whispers that the next move could be violent. 💡 I'm watching for a clean break below 2.68 to confirm the continuation, but the setup is already active. 💬 Are you shorting this rejection or waiting for a retest of the broken support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #RIVER #ShortSetup #Bearish #Crypto #Trading
🐻 📉