Trade Setup $RIVER
Current Price: 77.624
Entry Price: 78.20 (confirmation above intraday resistance)
Target 1: 82.00
Target 2: 87.50
Stop Loss: 74.90
Analysis
RIVER is showing strong accumulation after holding the 75–76 support zone for multiple sessions. The current price near 77.6 is sitting just below a short-term breakout level, which means momentum traders are waiting for a clean push above 78 to step in. Volume has started to pick up, indicating that buyers are slowly taking control. If price closes above the entry level, it can trigger a fast move toward 82, which is the first supply zone. A breakout above 82 opens the door for 87–88, where previous selling pressure exists. The stop at 74.9 keeps risk limited if the market suddenly turns bearish. This setup favors a continuation move rather than a reversal. #Write2Earn $RIVER


