📉 $RIVER – Dead Cat Bounce Short Setup
Market structure shows a potential bounce before continuation down.
🔴 Plan: Bounce → Short
📍 Entry Zone: 12.0 – 12.6
(EMA7 / Local Resistance)
🛑 Stop Loss: 13.3
🎯 Targets:
TP1: 10.5
TP2: 9.6
TP3: 8.5
⚠️ Alternative Scenario:
If price reclaims 13.3, bullish momentum may push towards 14.1 – 14.3 (EMA25 area).$RIVER
Manage your risk carefully.
Not Financial Advice.