$RIVER - LONG Setup
Entry: 19.65 – 19.75
Target 1: 21.50
Target 2: 23.00
Stop Loss: 19.20
My View:
Price has crashed -22.40% from the 24h high and is now showing a strong bounce (+3.54%) from the $16.900 low, indicating potential capitulation and a reversal. This sharp decline has likely flushed out weak hands. The bounce suggests aggressive buying at these lower levels. The play is a mean reversion long, targeting a retracement back toward the midpoint of the day's massive range.
Bias: Bullish above 19.65. Bearish below 19.20.
Disclaimer: My plan. Not advice. Trade your own risk.
RIVERUSDT
دائم
9.626
-24.01%