$RIVER /USDT (15m) — Short Continuation Setup
Bias: Bearish
Market structure remains negative, printing consistent lower highs and lower lows following the rejection at 9.36. Sellers continue to control order flow.
Short Entry: 8.08 – 8.15
Stop Loss: 8.38
Targets:
TP1: 7.92
TP2: 7.80
TP3: 7.65
Price action shows a steady downtrend with shallow, weak relief bounces — typical of a market under distribution. Unless 8.38 is reclaimed with strong acceptance, further downside remains the higher-probability path.
Control position size. Avoid excessive leverage. #Write2Earn $RIVER
Bias: Bearish
Market structure remains negative, printing consistent lower highs and lower lows following the rejection at 9.36. Sellers continue to control order flow.
Short Entry: 8.08 – 8.15
Stop Loss: 8.38
Targets:
TP1: 7.92
TP2: 7.80
TP3: 7.65
Price action shows a steady downtrend with shallow, weak relief bounces — typical of a market under distribution. Unless 8.38 is reclaimed with strong acceptance, further downside remains the higher-probability path.
Control position size. Avoid excessive leverage. #Write2Earn $RIVER