🔴 $RIVER / USDT – Short Setup
They’re calling it a range, but the RSI tells a different story: the 15m RSI is deeply oversold at 23, signaling a potential sharp continuation down.
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📉 Trade Plan:
Entry Zone: 7.1576 – 7.4384
🛑 Stop Loss: 8.1404
🎯 Targets:
TP1: 6.4556
TP2: 6.1748
TP3: 5.6132
💡 Why this setup:
4H chart favors a short
Daily trend is range-bound → higher probability of rejection from consolidation top
Entry zone captures potential continuation while keeping risk defined
⚠️ Debate:
Is this oversold RSI a bear trap, or the start of a major breakdown?
👇 Trade $RIVER here: