【$RIVER Signal】Long | Healthy Reset After Breakout with Volume
After a single-day volume surge of 26%, the price is consolidating in a narrow range at high levels. This is a typical healthy cooling period following major institutional entry, not a top-level sell-off. The market shows active absorption of profit-taking by buyers, with no signs of panic selling, setting the stage for the next upward push.
🎯Direction: Long
🎯Entry: 21.20 - 21.50
🛑Stop Loss: 20.40 $RIVER Rigid stop loss, invalidates the structure if broken(
🚀Target 1: 23.80
🚀Target 2: 25.50
Hardcore logic: The price consolidating at the top of a massive bullish candle indicates strength. Open interest (OI) is rising simultaneously by 1.31 million, confirming that new bullish capital is driving the move, not short covering. The current consolidation zone (21.2-21.8) is a new support level. As long as the price remains above this zone to complete chip exchange, breaking previous highs upward is the path of least resistance. Small losses, big gains, excellent risk-reward ratio.
Trade 👇 ) ---
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【$RIVER Signal】Long | Healthy Reset After Breakout with Volume
After a single-day volume surge of 26%, the price is consolidating in a narrow range at high levels. This is a typical healthy cooling period following major institutional entry, not a top-level sell-off. The market shows active absorption of profit-taking by buyers, with no signs of panic selling, setting the stage for the next upward push.
🎯Direction: Long
🎯Entry: 21.20 - 21.50
🛑Stop Loss: 20.40 $RIVER Rigid stop loss, invalidates the structure if broken(
🚀Target 1: 23.80
🚀Target 2: 25.50
Hardcore logic: The price consolidating at the top of a massive bullish candle indicates strength. Open interest (OI) is rising simultaneously by 1.31 million, confirming that new bullish capital is driving the move, not short covering. The current consolidation zone (21.2-21.8) is a new support level. As long as the price remains above this zone to complete chip exchange, breaking previous highs upward is the path of least resistance. Small losses, big gains, excellent risk-reward ratio.
Trade 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!
$RIVER
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