🚹 RIVERUSDT – Short Bias (15m Timeframe) 🚹

📉 Market Structure:

Clear downtrend with lower highs & lower lows

Price trading below all key EMAs (5 / 20 / 60)

EMAs acting as strong dynamic resistance

📊 EMA Levels:

EMA 5: 58.04

EMA 20: 59.03

EMA 60: 67.03

Price is struggling below EMA 5 & 20 → bearish continuation favored.

🔍 Volume:

Recent volume spike during sell-off → strong selling pressure

Current bounce looks weak (dead-cat bounce)

🎯 Trade Setup

Position: SHORT

Entry: 58.6 – 59.2 (pullback zone near EMA 5/20)

Targets:

🎯 TP1: 57.5

🎯 TP2: 56.0

🎯 TP3: 54.5

Stop Loss:

❌ SL: 60.5 (above EMA 20 & structure)

📌 Bias: Bearish until price reclaims 60+ with strong volume

⚠ If price breaks & holds above EMA 20 → reassess setupccc

$RIVER

RIVERBSC
RIVERUSDT
7.952
-2.22%