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Everyone is watching $RIVER /USDT bounce—I’m watching it fail to break 6.86.
$RIVER - SHORT
Trade Plan:
Entry: 6.833848 – 6.860618
SL: 6.975727
TP1: 6.750863
TP2: 6.686616
TP3: 6.590245
Why this setup?
95% confidence SHORT bias. 1D trend is bearish, 4h structure is rejecting key resistance near 6.86. RSI on 15m is neutral (52.6), not overbought—meaning room to drop before any panic buying. Entry zone is tight at 6.833–6.860. First target is 6.75, second is 6.68. Why now? Because the fakeout above 6.85 is the trap before the dump.
Debate:
Do you short the 6.86 rejection or wait for a clean break below 6.83?
#StockTradingChallengeUpTo17000U