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【$RIVER Signal】Long Position: Breakout with Volume Absorption
$RIVER After a 25% volume breakout, the price action indicates strong buying absorption rather than a bearish stampede. Open interest rises simultaneously, confirming the main force's entry logic.
🎯 Direction: Long
🎯 Entry: 45.80 - 46.50
🛑 Stop Loss: 44.20 ( Rigid Stop Loss )
🚀 Target 1: 48.80
🚀 Target 2: 51.50
The rise of $RIVER is accompanied by massive trading volume and increasing open interest, which is a typical healthy breakout pattern. The price did not fall back quickly after breaking out, indicating that selling pressure has been effectively absorbed. The market structure shows that pullbacks are small-timeframe liquidity collection, with a clear intention of main force control. As long as the price remains above the midpoint of the volume-increasing candlestick, upward momentum will continue.
Trade 👇 $RIVER
here
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