$RIVER Short 50x | Price at launch; risks are locked.
I’ve finally seen RIVER enter the area I marked for sellers to maintain their line. I’m direct in this trade, but it only works if the sellers continue to defend this exact zone.
Trade plan:
- Entry: 2.66120 – 2.67100
- Target 1: 2.63080 (risk/reward 1:0.7)
- Target 2: 2.60720 (risk/reward 1:1.3)
- Target 3: 2.57190 (risk/reward 1:2.0)
- Stop loss: 2.71320
Why such a setup?
- The bearish scenario is still based on the 4-hour timeframe, with price staying confined between 2.66120–2.67100 while the daily trend remains downward.
- The 15-minute RSI at 40 gives sellers room for further push, as long as this level holds.
- Volume is running at 1.60x, with trading of 27.58K versus the expected 17.23K—this move has real weight behind it.
I’ve finally seen RIVER enter the area I marked for sellers to maintain their line. I’m direct in this trade, but it only works if the sellers continue to defend this exact zone.
Trade plan:
- Entry: 2.66120 – 2.67100
- Target 1: 2.63080 (risk/reward 1:0.7)
- Target 2: 2.60720 (risk/reward 1:1.3)
- Target 3: 2.57190 (risk/reward 1:2.0)
- Stop loss: 2.71320
Why such a setup?
- The bearish scenario is still based on the 4-hour timeframe, with price staying confined between 2.66120–2.67100 while the daily trend remains downward.
- The 15-minute RSI at 40 gives sellers room for further push, as long as this level holds.
- Volume is running at 1.60x, with trading of 27.58K versus the expected 17.23K—this move has real weight behind it.