$RIVER Short Liquidation Alert
Shorts flushed: $4.59K at $21.18 — bearish pressure absorbed, often a clear signal of bullish momentum building.
Bullish Breakout Setup
Price is holding above the squeeze zone, showing strength as buyers take control after the liquidation event.
Key Levels
Support: $20.80 – $21.20
Breakout Zone: $21.60 – $22.00
Resistance: $22.80 – $24.00
Trade Setup (Long Bias)
Entry: Pullback & hold above $21.20, or breakout acceptance above $22.00
Targets:
TP1: $22.80
TP2: $24.00
TP3: $26.00
Stop Loss: Below $20.40
Market Sentiment
Short squeeze shifts control firmly to bulls. If RIVER sustains above $22 with volume, upside continuation toward higher liquidity zones looks favored. Trade the structure, manage risk.
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