$RIVER surged back sharply after reaching previous supply levels — momentum here seems a bit stretched. Trading plan: Short $RIVER Entry: 12.2 – 12.6 Stop loss: 13.3 Target 1: 11.4 Target 2: 10.6 Target 3: 9.5 The upward trend feels more like being squeezed rather than a clean continuation. Buying pressure is weakening, and candles are starting to compress near resistance. There’s no real expansion of highs, just hesitation. If sellers defend this area, it could turn into a rebalancing of lower inefficiencies. Trade $RIVER $BTC
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$RIVER surged back sharply after reaching previous supply levels — momentum here seems a bit stretched.
Trading plan: Short $RIVER
Entry: 12.2 – 12.6
Stop loss: 13.3
Target 1: 11.4
Target 2: 10.6
Target 3: 9.5
The upward trend feels more like being squeezed rather than a clean continuation. Buying pressure is weakening, and candles are starting to compress near resistance. There’s no real expansion of highs, just hesitation. If sellers defend this area, it could turn into a rebalancing of lower inefficiencies.
Trade $RIVER $BTC