$RIVER is ripping into a sharp V-reversal after capitulation, signaling high-volatility continuation potential
On the 15m chart, price aggressively reclaimed EMA7/25/99 with strong impulsive candles from 53.15; the push into 69.8 shows short-covering momentum, though structure is still fragile after the prior breakdown.
๐ฏ Entry zone: LONG 66.50 โ 68.20
TP1 71.00, TP2 74.50, TP3 79.00
๐ Stop Loss 63.80
This is a momentum rebound play; maintain longs only while price holds above EMA25, as volatility remains extreme and reversals can be violent.
Trade RIVER๐
RIVERUSDT
Perp
13.21
+4.90%