$RIVER /USDT Short Signal 🛑

Trade Setup:

Entry Range: $19.30 – $19.35

Stop Loss: $20.50

Take Profit Targets: $18.50 / $17.80 / $16.50

Leverage: 5x–10x

Risk per Trade: 2–3% of wallet

Technical Outlook:

Price recently spiked to $23.90 but has corrected back to $19.31, showing clear bearish rejection from the highs.

24h range is $16.38 – $21.94, current price is closer to resistance.

Short-term trend favors sellers; support levels at $18.50 and $17.80 may act as take profit zones.

A break below $16.50 could accelerate downside momentum.

Strategy:

Enter short near $19.30–$19.35.

Monitor volume: high selling volume confirms the bearish trend.

Consider trailing stop to lock in profits if price moves strongly downward.