$RIVER /USDT Perp – "Failed Breakout – Short"**


**Trading Plan Short $RIVER
Entry: 2.690 – 2.695
SL: 2.710
TP1: 2.665
TP2: 2.645

RIVER is up +5.63% at 2.684, but rejected after the 2.738 high. Price is squeezing below the EMA5 (2.680) and the 2.690 yellow resistance. MACD is bearish with DIF below DEA. Short the rejection. TP targets the 2.664 support and the 2.617 low. SL above 2.710.
RIVER5.08%
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WWaveAnalyst
· 2h ago
The chart is indeed weak, but the 5.63% gain was earlier; the price has now fallen below the moving averages, and any rebound is an opportunity to short.
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GaugeJockey
· 2h ago
A failed breakout is indeed a classic pattern, but altcoins have been rebounding lately. I’m worried this is just a pullback rather than a reversal. Are you prepared to miss out?
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MemeGeographer
· 2h ago
This one is highly volatile, so a 2.71 stop-loss could easily get wicked out. I suggest changing it to 2.725 or placing a limit order at 2.7 to catch the wick—don’t stubbornly hold through it.
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ProtectBailout
· 2h ago
TP1 at 2.665 is too close; it will probably be reached in two minutes. It would be better to split the position in half, with one half taking profit at 2.617.
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L2Unicorn
· 2h ago
This short-selling setup looks fine, but the 2.71 stop-loss is too close to the entry—one random wick and it’s gone.
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