2026-02-02 19:28:10

【$RIVER Signal】Bullish Breakout with Strong Consolidation

$RIVER After nearly a 50% surge in a single day, the price is consolidating strongly at high levels. Market depth shows good absorption of buy orders, with no signs of panic selling. This is a healthy reset rather than a top signal. Open interest is rising in tandem, indicating institutional funds are entering rather than short sellers capitulating, fueling the next upward move.

🎯Direction: Long

🎯Entry: 19.80 - 20.20

🛑Stop Loss: 18.50 (Rigid stop loss, invalidates the pattern if broken)

🚀Target 1: 22.50

🚀Target 2: 25.00

Hardcore logic: After a massive long green candle, the price refuses to undergo a deep correction and forms a tight range at high levels. This is a typical sign of a strong market—profit-taking is continuously absorbed by new buying interest. The increase in open interest confirms new long positions rather than unsustainable upward movement driven by short covering. As long as the price stays above the breakout zone (19.00-19.50), the market structure remains bullish, with a high probability of continuation upward. Small losses, large gains—this risk-reward ratio is excellent here.

Trade 👇 $RIVER

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Changmin

· 2h ago

The price rejected a deep correction after a massive rally, forming a tight range at a high level. This is a typical sign of a strong market—profit-taking is continuously absorbed by new buying interest. The increase in open interest confirms the addition of new long positions, rather than an unsustainable rise driven by short covering. As long as the price can hold above the breakout zone (19.00-19.50), the market structure remains bullish, and the probability advantage points to an upward continuation. Small losses, large gains; the risk-reward ratio here is favorable.

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