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【$RIVER Signal】Long + Volume and Price Breakout
$RIVER Strong breakout driven by massive volume, price action shows continuous absorption by buyers, and signs of short sellers being squeezed.
🎯 Direction: Long
🎯 Entry: 75.50 - 76.50
🛑 Stop Loss: 72.80 ( Rigid Stop Loss )
🚀 Target 1: 80.00
🚀 Target 2: 84.50
$RIVER A 30% increase accompanied by over $1 billion in trading volume and open interest rising simultaneously, which is a typical sign of institutional entry and push. After the breakout, there was no deep retracement, indicating that selling pressure has been effectively absorbed and market sentiment has turned positive. The lower timeframe structure shows a stair-step upward pattern, with each pullback quickly bought back, maintaining bullish momentum. As long as the price can hold above the breakout zone, the probability of the trend continuing is very high.
Trade here 👇 $RIVER
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