【$RIVER Signal】Long Position: Healthy Reset After Breakout with Volume

$RIVER After a single-day surge of 32%, the price is consolidating within a narrow range at high levels. This cooling is not a top-selling signal but a healthy profit-taking and liquidity reset.

🎯 Direction: Long

🎯 Entry: 70.50 - 72.50

🛑 Stop Loss: 68.00 ( Rigid Stop Loss )

🚀 Target 1: 78.00

🚀 Target 2: 85.00

Market Logic: After a massive rally, the price did not experience panic selling but instead formed a tight flag pattern at high levels. The increase in volume along with rising open interest suggests main capital inflow rather than short covering. Within the current range, each retracement on lower timeframes is quickly absorbed by buying, indicating strong support. As long as the price holds above the breakout zone, continuation of the upward trend after consolidation is highly probable.

Trade 👇 here $RIVER

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