$RIVER is trading at 0.7485, down -1.06% over the last 24 hours, consolidating near the MA(7) at 0.7418 and MA(25) at 0.7464 while remaining below the MA(99) at 0.7518 following a recovery rally from its 0.7174 low.
🔻 Bias: Short $RIVER
* Entry range: $0.7420 – $0.7550
* SL: $0.7850
* TP 1: $0.7150
* TP 2: $0.6800
* TP 3: $0.6400
Price action shows mild downward pressure following a rejection from higher consolidation zones, remaining below major moving averages. Weak recovery attempts and overhead resistance favor continued downside movement as long as resistance near 0.7650 holds firm.
🔻 Bias: Short $RIVER
* Entry range: $0.7420 – $0.7550
* SL: $0.7850
* TP 1: $0.7150
* TP 2: $0.6800
* TP 3: $0.6400
Price action shows mild downward pressure following a rejection from higher consolidation zones, remaining below major moving averages. Weak recovery attempts and overhead resistance favor continued downside movement as long as resistance near 0.7650 holds firm.
