$RIVER Long Liquidation Alert

A long liquidation of $2.689K happened at 8.07034. This means leveraged buyers were forced to exit when price dropped near this level. Long liquidation usually increases selling pressure for a short time before the market tries to stabilize.

What This Means

Bullish traders were trapped near this zone. After liquidation, price may attempt recovery if new buyers enter, but volatility can remain high.

Trade Plan

If price stays above 8.0500:

Buy Zone: 8.0500 – 8.0700

Target 1: 8.2500

Target 2: 8.4500

Stop Loss: 7.9000

If price breaks below 8.0000:

Next Support Area: 7.7000 – 7.8000

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