[$RIVER Signal] Long breakout and retest

2026-01-20 05:16:24

$RIVER After a volume surge of 21.83%, the price is cooling and consolidating at a high level. Combined with open interest data, this looks more like a healthy reset after major players entered, rather than a bearish trap or top distribution. The market shows buying interest absorbing short-term profit-taking, with no significant selling pressure.

🎯 Direction: Long

🎯 Entry: 32.50 - 32.80

🛑 Stop Loss: 31.20 ( Rigid Stop Loss )

🚀 Target 1: 34.50

🚀 Target 2: 36.80

$RIVER After a volume breakout, the price consolidates tightly above the breakout zone, which is a typical sign of continued strength. The shallow retracement and shrinking volume indicate exhausted selling pressure, with buyers continuously absorbing on lower timeframes. As long as the price can hold above the initial volume-driven high, the probability of an upward continuation is very high.

Trade here 👇 $RIVER

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