$RIVER btw this area where I took the short isn't a random number.
all I did was pull the fib from these two zones. the high at about $11 to the low at $7 (where it bounced off the supertrend supp and 20 EMA)
as I mentioned, tools and indicators are not special unless they are used together.
$RIVER looks too slow to be a full dump. I'm expecting some kind of reaction either here or the supertrend support.
keep an eye out if you're holding a short pos.
anyways, taking another tp here. will evaluate if a long flip is possible once we get to the supertrend supp.
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big thanks on this one - itβs also really valuable to see your thought process behind it which will help in applying it ourself on the charts π
Jan 3, 2026 Β· 10:25 PM UTC
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