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【$RIVER Signal】Long + Volume and Price Rise Breakout
$RIVER After a 18% increase with volume, the price action shows signs of institutional entry, with open interest increasing simultaneously, indicating it's not just a short squeeze.
🎯 Direction: Long
🎯 Entry: 74.50 - 75.50
🛑 Stop Loss: 72.00 ( Rigid Stop Loss )
🚀 Target 1: 78.50
🚀 Target 2: 81.00
The rise of $RIVER is accompanied by over 1.5 billion in significant trading volume and open interest growth, which is a healthy sign of capital inflow. After the breakout, there was no rapid sell-off, indicating effective absorption by buyers. The current structure leans towards the start of a new wave of upward momentum. As long as the price remains above the high of the volume-increasing candlestick, short-term momentum is expected to continue.
Trade here 👇 $RIVER
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