A $3.59K long liquidation just swept through $RIVER near 22.15, clearing leveraged longs and resetting the short-term structure.

Moves like this usually shake out weak hands and create a high-volatility phase.

With leverage flushed, price is now sitting at a key reaction zone.

If buyers defend this level with strong volume, a recovery attempt is likely.

Failure to hold could mean more downside before the market finds balance.

Post-liquidation moves can be sharp — let price action lead.

Trade Setup:

EP: 21.80 – 22.40

TP1: 24.10 | TP2: 26.80 | TP3: 31.50

SL: 20.90

RIVERUSDT

Perp

17.14

-44.92%

#RİVER #CryptoTrading #liquidation #Altcoinseason2024 #MarketVolatility