๐ป Trend:$RIVER
๐ Market is in a strong downtrend
Price is trading below EMA(7), EMA(25), and EMA(99) โ bearish confirmation โ
๐ Indicators Status:
๐ RSI(6): ~22 โ Oversold zone โ ๏ธ
๐ KDJ: Weak & flat โ low momentum
๐ Volume: Selling pressure is dominant ๐ด
๐ข LONG ENTRY PLAN (Scalp / Short-term only)
โ Long Entry Zone:
๐ 12.50 โ 12.70 ๐
(Strong support + oversold RSI bounce)
๐ Stop Loss:
๐ 11.90 โ
๐ฏ Targets:
๐ฏ 13.50
๐ฏ 14.20
โ ๏ธ Note: Long trades are counter-trend, only for quick bounce.
๐ด SHORT ENTRY PLAN (Trend-following โ safer)
โ Short Entry Zone:
๐ 13.80 โ 14.20 ๐ป
(EMA(7) / EMA(25) rejection zone)
๐ Stop Loss:
๐ 14.80 โ
๐ฏ Targets:
๐ฏ 12.70
๐ฏ 11.50
๐ Final Advice:
โ ๏ธ Avoid aggressive longs
โ๏ธ Shorts on pullbacks are safer
๐ฐ Always use proper risk management $RIVER

