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Everyone’s chasing longs on $RIVER /USDT—I’m watching the 4h trap door open.
$RIVER - SHORT
Trade Plan:
Entry: 6.073 – 6.099
SL: 6.208
TP1: 5.995
TP2: 5.934
TP3: 5.843
Why this setup?
• Daily trend is bearish, yet 15m RSI is neutral at 54—no momentum to break resistance.
• 4h ATR is tight (0.11), suggesting a compressed breakout lower.
• Entry at 6.086 with TP1 at 5.995—only 1.5% away, but the real move is to TP3 at 5.843.
Debate:
Short from 6.086 or waiting for a fakeout above 6.099 first?
$RIVER #GateSquareMayTradingShare