$RIVER โ๏ธ River/USDT (4H) โ Short Setup Analysis
๐ What the chart shows:
Price is in the 50โ55 zone
MA(50) โ 55.5 โ strong resistance
The candle has been rejected from the MA(50)
Structure: Lower high + weak bounce
Volume is also not providing support
๐ All of this supports a short bias
๐ด Short Entry Plan
โ
Entry:
50 โ 52 USDT zone
Best when a rejection candle/wick appears
โ Stop Loss:
56.5 โ 57 USDT
Exit if there is a clean break above MA(50)
๐ฏ Take Profit (Step by Step):
TP1: 46
TP2: 42 (near MA100)
TP3: 38โ36 (only if the market remains weak)
โ ๏ธ When NOT to take a short:
If the 4H candle closes strongly above 55.5
Or if BTC suddenly becomes strongly bullish
๐ง Trading Mindset (Important ๐)
โThe setup's job is to give a signal,
making money is the job of risk management.โ
Low leverage (2xโ3x)
Use only 10โ20% of your capital
SL is fixed โ no emotions
๐ Final Verdict:
โ๏ธ Yes, the short setup is valid
โ๏ธ But with confirmation, not blindly
#RฤฐVER #tradingplan