$RIVER looks heavy under resistance, sellers are still exerting pressure on each rebound.
Trading plan: Short $RIVER (max 10x) Entry zone: 11.0 – 11.3 Stop loss: 12.5 Target 1: 10.60 Target 2: 10.10 Target 3: 9.60 Price pushed into the previous supply zone and stalled immediately. The rebound lacked real follow-through, momentum quickly weakened, and lower time frames show sellers absorbing buy orders rather than letting them expand. The structure is still printing lower highs, and the market feels more like distribution than accumulation. As long as this supply limits the upside, the likelihood of further downside remains higher. Trade here #Gate广场发帖领五万美金红包 $RIVER
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$RIVER looks heavy under resistance, sellers are still exerting pressure on each rebound.
Trading plan: Short $RIVER (max 10x)
Entry zone: 11.0 – 11.3
Stop loss: 12.5
Target 1: 10.60
Target 2: 10.10
Target 3: 9.60
Price pushed into the previous supply zone and stalled immediately. The rebound lacked real follow-through, momentum quickly weakened, and lower time frames show sellers absorbing buy orders rather than letting them expand. The structure is still printing lower highs, and the market feels more like distribution than accumulation. As long as this supply limits the upside, the likelihood of further downside remains higher.
Trade here #Gate广场发帖领五万美金红包 $RIVER