🚨 $RIVER JUST FIRED A MASSIVE SHORT LIQUIDATION – Keep Eyes Wide Open! 👀💥
$RIVER just triggered a big short squeeze, blasting out over $11.01K in short liquidations around ~$15.47, forcing bears out and potentially shifting momentum fast — this kind of activity often sparks explosive follow‑through moves if volume confirms.
📈 Key Levels to Watch:
🔹 Support: $15.10
🔹 Resistance: $15.90
🔥 Next Target: $16.65 🎯 — if buyers hold this squeeze pressure and push above resistance.
Why this matters:
• RIVER’s market is extremely volatile and driven by leverage, with big swings often coming right after forced liquidations like this one — short wipes can flip the tape and suck in momentum traders.
• The broader crypto market has seen heavy derivatives involvement in RIVER, meaning short squeezes and reversals are not uncommon when sentiment shifts quickly.
• This token has experienced parabolic moves and sharp corrections, and strong funding/futures dynamics can fuel volatility both ways.
Pro Tip:
💚 Volume confirmation after a short squeeze = green light for continuation. Higher volume into the resistance break raises the odds that $16.65 gets tagged — but lack of confirmation often leads to chop or retrace.
#RIVER #CryptoTrading #ShortSqueeze #TechnicalLevels
*(Not financial advice — always DYOR.)*