Trade Setup: $RIVER /USDT (Long)
Trade Setup: $RIVER /USDT (Long)
The asset is showing strong bullish
momentum with a +14.38% increase today. It has recently pushed above previous local highs, suggesting a trend reversal or a strong "relief rally."
Entry Price: 16.009 (Current Market Price) or wait for a slight pullback to 15.500 for a better risk-to-reward ratio.
Take Profit 1 (Conservative): 17.250 (Near the recent wick resistance).
Take Profit 2 (Aggressive): 18.400 (Psychological resistance/previous peak).
Stop Loss (SL): 14.300 (Placed below the recent consolidation base to protect against a trend breakdown).
Market Snapshot
24h High: 16.489
24h Low: 11.812
24h Volume: 856.60M USDT (strong participation)
Trend: Bullish on 1H timeframe.
#RIVERUSDT #TradingSignals #Analysiscrptoking #BinanceSquareTalks #CryptoPatience