$RIVER After tracking the recent recovery and observing the rejection at key resistance, I am now positioning for a Short trade.
📉 The Short Plan:
Strategic Entry: I am eyeing an entry around the $27.15 level, right at the trendline resistance.
The Target: We are looking for a significant move down toward the $16.90 support zone.
Risk Management: My stop loss is placed firmly at $30.90 to protect our capital from any unexpected volatility.
Our previous accuracy on $RIVER has been surgical, catching both the breakout and the recent 11% dump perfectly. This setup is based on the current bearish structure and the exhaustion of the buyers at this resistance.
⚠️ Note: This is a high-reward play, but as always, stay disciplined and manage your leverage. Let the market come to our level before executing.
Are you ready to bank on the next $RIVER move? Let’s stay sharp! 📉
#River #short