$RIVER just triggered a clean short-liquidation move near $3.35, which means sellers were forced to close in a hurry. This type of squeeze usually flips market psychology very fast, turning resistance into fresh support. The candle structure shows strong follow-through and no heavy rejection, which is a bullish acceptance signal.
Price is now holding above its breakout band instead of falling back into the range. That tells us buyers are comfortable at these levels and are building a base for the next expansion leg.
EP: $3.28 – $3.34
TP: $3.62 → $3.95 → $4.45
SL: $3.05
This is a momentum continuation setup, not a one-candle pump.
RIVERUSDT
Perp
3.335
-26.54%