$RIVER – High-Conviction Long Position
The dip didn’t get continuation, and bids stepped in quickly, confirming a structural reclaim. We are sniping the continuation move as momentum shifts back to the bulls.
Entry Zone (Initial/Scalp): 12.60 – 13.86
Target 1 (TP1): 16.50
Target 2 (TP2): 21.00
Target 3 (TP3): 30.00
Stop-Loss (SL): 11.90
Trade Logic: Despite the broader weakness, recent price action shows aggressive bid defense near 12.61. The inability of downside momentum to expand suggests that a low-volume bottom may be in place. With a very tight stop and significant liquidity gaps overhead, $RIVER offers a clean path toward a 30.00 standard target if the narrative gains traction.
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