$RIVER 📉 Major Resistance Zone — Potential Drop Ahead ⚠️
$RIVER is currently trading at a strong resistance area where price has previously faced rejection. This increases the chances of a downward move from this level.
🔎 Market View:
📌 Price testing key resistance
📉 Momentum slowing near the top
🔄 Possible rejection forming
📊 Volume not strong enough to support further upside
🎯 Short Trade Idea:
Entry: Around current resistance zone
Stop Loss: Above resistance level
Targets: Previous support areas
⚠️ Wait for confirmation like a rejection candle or structure break before entering. Always use proper risk management.
$RIVER is currently trading at a strong resistance area where price has previously faced rejection. This increases the chances of a downward move from this level.
🔎 Market View:
📌 Price testing key resistance
📉 Momentum slowing near the top
🔄 Possible rejection forming
📊 Volume not strong enough to support further upside
🎯 Short Trade Idea:
Entry: Around current resistance zone
Stop Loss: Above resistance level
Targets: Previous support areas
⚠️ Wait for confirmation like a rejection candle or structure break before entering. Always use proper risk management.