$RIVER Bullish Breakout 📈
🟢 Entry Zone: 58
📈 Targets:
• TP1: 60
• TP2: 62
• TP3: 64
🛑 Stop-Loss: Below consolidation support (safe zone under 56)
Analysis:
After a strong impulsive move, RIVER entered a healthy consolidation phase, indicating absorption rather than distribution. Price is holding above key demand, suggesting buyers are still in control. This range-bound behavior often acts as a base before the next expansion. A sustained hold above the consolidation low increases the probability of continuation toward higher targets. Volume contraction inside the range further supports a breakout-style follow-through once momentum returns.
Manage risk strictly — continuation only valid while structure holds.
RIVERUSDT
Perp
76.31
+32.56%