$RIVER / USDT — Strong Bullish Momentum, Continuation Likely
RIVER has experienced a sharp upward movement from the 32–34 accumulation zone, forming a solid bullish trend with higher highs and powerful momentum candles. The breakout above 40 confirmed the acceleration of the trend, and the price is now consolidating near 44, signaling further bullish strength after a strong surge.
The current pullback is shallow, indicating the trend is more likely to continue than reverse.
Trade Setup (Long):
Entry Zone:
43.0 – 44.2
Targets:
TP1: 46.0
TP2: 48.5
TP3: 52.0
RIVERUSDT
Perp
8.642
+7.47%
Stop-Loss:
Below 40.8
The bullish bias remains strong as long as the price stays above 41. A successful 1H hold above 44 could trigger the next leg of the rally. Due to the high volatility, be cautious with position size and take profits gradually.