$RIVER Open a "short" position now on $RIVER ; while many are chasing the current "fake bounce", we've spotted that the 4-hour chart is whispering of a "bull trap" at the resistance levels! The daily trend is still clearly bearish, and with the RSI indicator hanging in neutral territory (58.7) without any real momentum for a breakout, the easiest path for the price is free fall to break through the 6.00 barrier and liquidate those aggressive long positions! 📉🌪️
Positioning plan:
Entry range: 6.220 – 6.242 🎯
Stop Loss (SL): 6.334 🛡️
Targets (Take Profits):
TP1: 6.154 💰 (quick secure)
TP2: 6.102 💎
TP3: 6.025 📉 (target bottom)
Why now?
Today's trades (May 12, 2026) show that the price is "hovering" around a critical resistance zone, and with a very tight Average True Range (ATR) of (0.094), this silence precedes a bearish "price explosion"; since the short bias is supported by 53% on higher timeframes, any failed upward attempt will immediately turn into a "selling waterfall". The snipers are positioned at the top waiting for the breakdown, don’t fall into the trap! 🦅 The hunt is on.
Positioning plan:
Entry range: 6.220 – 6.242 🎯
Stop Loss (SL): 6.334 🛡️
Targets (Take Profits):
TP1: 6.154 💰 (quick secure)
TP2: 6.102 💎
TP3: 6.025 📉 (target bottom)
Why now?
Today's trades (May 12, 2026) show that the price is "hovering" around a critical resistance zone, and with a very tight Average True Range (ATR) of (0.094), this silence precedes a bearish "price explosion"; since the short bias is supported by 53% on higher timeframes, any failed upward attempt will immediately turn into a "selling waterfall". The snipers are positioned at the top waiting for the breakdown, don’t fall into the trap! 🦅 The hunt is on.