$RIVER is showing strong bullish momentum, bouncing from the 8.60 level and aiming to challenge recent highs. Buyers are stepping in aggressively, suggesting a potential continuation toward the next resistance zones. Volume support is key to watch as the rally develops.
Trade Setup:
Entry: 8.60 – 8.70
TP1: 8.90
TP2: 9.10
TP3: 9.40
Outlook: $RIVER remains bullish above 8.50, and as long as support holds, higher levels are likely. A drop below this zone could pause the upward move.
RIVER
Alpha
4.83133
-4.42%