This is one of those charts where patience pays more than prediction. RIVER has already shown a strong move in the past, but right now price is sitting in a decision zone. Momentum is weak, and both buyers and sellers are testing control. Instead of forcing a bias, the smarter approach here is to let price choose the direction and react accordingly.
If price reclaims strength above resistance, a recovery move can unfold.
If price fails and gets rejected, downside continuation remains likely.
🔵 Long Scenario (only on confirmation)
Entry: Above 7.65 (clean hold)
Targets:
7.95
8.30
8.70
Stop-Loss: 7.20
This setup activates only if buyers step in with strength and hold above resistance.
🔴 Short Scenario (preferred if weakness continues)
Entry: 7.35 – 7.60 rejection zone
Targets:
7.00
6.70
6.30
Stop-Loss: 7.95
As long as price stays below resistance, sellers still have the edge.
No guessing here. Let the market show its hand, then follow it with discipline.
Risk management first, profits second.
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