$RIVER 15m - Downside Watch
Price: $7.52026 | +1.71%
Rejected at MA(7) $7.59413. Holding near support $7.48896.
Setup:
- Support: $7.48896 — break = next target $7.413
- Resistance: $7.59413 → $8.00627
- Structure: Lower highs on 15m timeframe
Plan: Break below $7.48896 = short to $7.413.
Invalidation: Reclaim $7.59413
What are you seeing here? Breakdown or bounce from support?
NFA. Not financial advice.
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