$RIVER – Rally pushing higher but momentum starting to slow into this area 📉
Trading Plan Short $RIVER (Max 10x)
🔹 Entry: 18.9 – 19.8
🔹 Stop Loss: 21
🎯 Take Profit Targets:
TP1: 17.2
TP2: 16
TP3: 14.8
The move higher has been strong, but momentum is beginning to slow after the recent rally. Buyers managed to keep the move going, though the follow-through is starting to weaken and price action is becoming more choppy.
Instead of a clean continuation upward, price is grinding into resistance. Sellers appear to be gradually stepping back into the market, and when upside momentum behaves like this it often leads to a pullback once buying pressure cools.
Trade $RIVER here 👇
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RIVERUSDT
Löpande
20.14
+6.02%