$RIVER / USDT – Intraday Short Setup

Trade Plan:

Entry: 16.60 – 16.80 (Fading the rally)

Invalidation: 17.40

Targets:

1️⃣ 14.90

2️⃣ 14.40

3️⃣ 13.70

Risk strictly capped at 1%. NFA.

Market structure remains bearish on the 15m timeframe. The recent bounce lacks volume and is being rejected at key resistance, providing a high-probability entry for continuation.

Technical Outlook:

📉 Momentum weak (RSI < 25)

📉 MA Crossover confirms downtrend

RIVERBSC
RIVERUSDT
15.63
-8.35%