Trade Setup $RIVER
Current Price: 47.019
Entry Price: 46.0 – 47.2
Target 1: 52.0
Target 2: 58.5
Stop Loss: 43.5
Analysis:
RIVER is trading just above a strong short-term support area, which has acted as a base after the recent correction. The price structure shows higher lows forming, suggesting buyers are gradually taking control again. Volume has started to stabilize, often a sign that selling pressure is getting exhausted. An entry near the 46–47 zone offers a good risk-to-reward, with Target 1 sitting near the first major resistance where price previously got rejected. If momentum builds and market sentiment remains positive, Target 2 becomes realistic as the next liquidity zone. The stop is placed below the local structure to avoid deeper downside. This is a momentum swing trade, not a long-term hold, so active management is key.#Write2Earn $RIVER
