$RIVER — weakness after updating the local high, rollback scenario 📉
After attempting to update the maximum, the price could not hold and showed a loss of momentum. A probable reversal of the short trend is forming.
Working scenario (short):
• Accumulation zone: 8.05 – 8.20
• Risk control: 8.60
• Target reductions:
— First: 7.75
— Second: 7.35
— Extended: 6.85 #HarvardAddsETHExposure
After attempting to update the maximum, the price could not hold and showed a loss of momentum. A probable reversal of the short trend is forming.
Working scenario (short):
• Accumulation zone: 8.05 – 8.20
• Risk control: 8.60
• Target reductions:
— First: 7.75
— Second: 7.35
— Extended: 6.85 #HarvardAddsETHExposure