Exactly — $RIVER is showing a textbook trend continuation setup right now. Here’s a structured view:
Current Setup
Trend: Bullish, higher lows forming after reclaim from $26 support.
Immediate Resistance: $30.50 — watch how price reacts; a clean break confirms continuation.
Key Support: $28.80–$29.00 — holding this zone keeps bullish structure intact.
Trade Plan
Entry: Consider dips near $28.80–$29.00 for lower-risk long entries.
Targets:
TP1: $32 — near-term upside
TP2: $35 — extended move if momentum remains strong
Stop Loss: Below $28.50 — invalidates short-term bullish structure
Notes
Momentum is strong, but parabolic moves can retrace fast.
Avoid chasing above $30.50 unless there’s clear volume support.
Watch support closely — losing $28.80 could trigger a short-term pullback before continuation.
Bottom line: Bulls are in control, but patience on entries and managing risk are key. Ride the trend, don’t fight it.
If you want, I can map a step-by-step high-probability entry plan for $RIVER to maximize upside while protecting capital. Do you want me to do that?
