$RIVER USDT is showing strong bullish momentum on the 1H timeframe after a steady uptrend with higher highs and higher lows. Price recently broke above a minor resistance zone and is now consolidating near the breakout level, suggesting a potential continuation toward the next resistance area.
Trade Setup:
Entry Range: 21.90 – 22.40
Target 1: 23.80
Target 2: 24.50
Target 3: 25.17
Stop Loss (SL): 20.96
Market Outlook:
The market structure remains bullish with sustained buying pressure and strong momentum candles. If price holds above the 21.90 support zone, the pair is likely to continue its upward move toward the 25.00 region. However, a breakdown below the support area could lead to a deeper pullback before the next bullish attempt. 📈
#MetaPlansLayoffs #BTCReclaims70k #AaveSwapIncident #AaveSwapIncident