$RIVER broke the resistance level of 4.935, now showing rejection.
Entry: $4.84-$4.97
Stop-loss: $5.08
Targets:
TP1: $4.70
TP2: $4.48
TP3: $4.25
RIVER hit 4.935, strong sellers are on the scene. Sales volume is dominating. OI is flat, but funding is positive. Retail longs are overleveraged, top traders are also positioned long. This creates a clear opportunity for a breakout. If it recovers to $5.08, the short gets canceled.
Trade $RIVER here 👇
Entry: $4.84-$4.97
Stop-loss: $5.08
Targets:
TP1: $4.70
TP2: $4.48
TP3: $4.25
RIVER hit 4.935, strong sellers are on the scene. Sales volume is dominating. OI is flat, but funding is positive. Retail longs are overleveraged, top traders are also positioned long. This creates a clear opportunity for a breakout. If it recovers to $5.08, the short gets canceled.
Trade $RIVER here 👇