$RIVER — Close Longs, Short Setup Active

$RIVER has bounced from the bottom, but the overall structure is still bearish. It’s better to close long positions and look for a short near resistance.

Short Trade Setup

Entry: 69.399 (current price near resistance)

Stop Loss: 70.422 (above the resistance zone)

Take Profit: 65.072 (next support level)

Why This Trade Price is moving into a strong resistance area and has already shown rejection near 70.422. The stop loss is kept tight above resistance to manage risk in case of a breakout. The target is set near support, expecting a pullback from resistance and a move lower.

RIVERUSDT

دائم

13.24

-18.85%