🚨 $RIVER Strategy: The Banking Re-Rating Snipe
We are witnessing a fundamental shift in the $RIVER narrative. The price has flipped the multi-week resistance at 8.50 into a tactical floor. We are sniping the continuation as the "Banking-as-a-Service" news continues to spread.
Entry Zone: $8.50 - 8.90 (Enter on the retest of MA-99/Support flip)
TP1: 9.44 (Retest of Daily High)
TP2: 10.50 (Major Psychological Barrier)
TP3: 13.00 (Primary Structural Resistance)
Stop Loss: 7.90 (Hard exit below MA-25 support)
Trade Logic:
Price is currently printing a tight flag above the MA(7) after the initial +20\% expansion. Notice the sustained volume bars—this isn't a "pump and dump"; it's a structural re-rating following the press release. As long as we hold the MA(99) (8.58), the target remains the 13 liquidity pool. We are playing the "Institutional Adoption" play.
#RIVER #BTCBanking #CryptoTrading #TalhaSniper #BinanceSquare
