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$RIVER (4h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 7.28 - 7.36
Targets:
TP1: 7.12
TP2: 6.98
TP3: 6.86
Stop Loss: 7.52
Why this Setup:
I’m leaning short while price keeps failing to hold above the recent 7.45 to 7.50 resistance area. I want a rejection back into the mid-range, with downside follow-through toward the prior lows if selling pressure stays in control.
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