$RIVER is showing that buyers are still in control, even after the first notable pullback from recent highs.
A long position could be considered around 49.100–50.300,
Stop loss at 47,200
Targets between 53.500–56.000.
After breaking through prior resistance, $RIVER saw a strong upward move, signaling solid buyer dominance. The recent dip is finding support around the rising mid-range EMAs, where selling pressure is being absorbed rather than accelerating.
Downside momentum is slower than the previous upward leg, suggesting this is more of a normal correction than a shift in trend. The market structure remains bullish, with higher highs and higher lows intact.
As long as $RIVER holds above 47,200, the path toward the upper end of the range looks reasonable.
Trade here👇
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