$RIVER USDT SHORT TRADE SIGNAL 🚨
$RIVER USDT has printed a strong impulsive rally with consecutive higher highs and higher lows, pushing into the 21.30–21.50 resistance zone. The latest 15m candle shows sharp rejection from the top with a long upper wick, signaling exhaustion after an overextended move. Momentum is fading near resistance, increasing the probability of a short-term pullback.
After a parabolic expansion, price is now vulnerable to a correction toward previous breakout structure.
Trade Setup:
🔻 Entry: 20.40 – 20.60
🎯 TP1: 19.80
🎯 TP2: 19.20
🎯 TP3: 18.60
🛑 SL: 21.60
Short Outlook:
If price fails to reclaim 21.30 resistance and continues printing lower highs on lower timeframes, a deeper retracement toward 19.00 support is likely. Invalidation occurs on a strong close above 21.60, which would signal continuation of the bullish trend.
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