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$RIVER $RIVER — Strong bullish continuation after reclaiming key levels
RIVER showed a sharp recovery from the 21.8 low and continues to respect higher-lows on the 1H timeframe. Price is holding above short-term EMAs, indicating buyers are still in control.
After rejecting near 33.4 resistance, price is currently consolidating — a healthy pause before the next directional move. As long as RIVER holds above the 30.0 support zone, upside continuation remains favored.
A clean break and hold above 33.4 could open the door for the next expansion toward higher targets. Loss of 30.0 would weaken the structure and shift momentum short-term.
Trade idea (levels in table):
Bias: Bullish above support
Targets and risk clearly defined in the table.
Trade smart. Manage risk. 📈