$RIVER Short Liquidation: $5.0197K at $9.01698

We just saw a notable short liquidation around the $9.01 level on RIVER. This tells us that short sellers were forced to close positions as price pushed up, creating a quick liquidity spike. Moves like this often bring short-term volatility and can fuel further upside if momentum continues.

Right now, the key question is whether this was just a liquidity grab… or the start of a stronger breakout.

📊 Market Read

The liquidation suggests:

Bears were overcrowded below $9.00

Buyers stepped in aggressively

Momentum could continue if price holds above the liquidation zone

🟢 Potential Long Setup

Entry Zone: $8.96 – $9.11

(Prefer slight pullback into the liquidation zone for better risk-reward)

Stop Loss: $8.60

(Below recent structure support and liquidity pocket)

Take Profit Targets:

TP1: $9.40

TP2: $9.75

TP3: $10.20 (if momentum expands)

🔴 Alternative Scenario

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