🟢 $RIVER — Short Liquidation Event

A major short liquidation of $9.9K at $4.433 suggests strong buying pressure forcing shorts to close. Such aggressive liquidations often create resistance zones, which could allow for a retracement or mean reversion trade.

📌 Trade Idea (Potential Short / Pullback):

Entry Zone: $4.42 – $4.46

Targets:

• T1: $4.25

• T2: $4.10

• T3: $3.95

Stop Loss: $4.55

🧠 Pro Tips:

– Look for failed retests of the liquidation zone as confirmation.

– Avoid entering during high volatility spikes, wait for a clean candle close within entry range.

– Combine liquidation data with support/resistance from higher timeframes for better risk-reward.

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RIVERUSDT

Perp

4.529

-18.71%