$RIVER just delivered a high-velocity 4H expansion from the $13 base, impulsively reclaiming prior range highs and tapping liquidity near $20. The breakout candle carried strong displacement, but follow-through is now compressing under local supply — signaling a pause, not immediate reversal.
Orderflow still favors buyers while price holds above the breakout base. As long as $16.80–17.00 demand remains defended, continuation remains the higher-probability path after consolidation.
Long Setup:
Entry: 17.10 – 17.60
SL: 15.90
TP1: 19.40
TP2: 20.80
TP3: 22.50
Acceptance above $20 opens fresh expansion, while losing $16.80 shifts structure back into the prior range — weakening bullish momentum. Manage positioning accordingly. 📊
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RIVERUSDT
Perp
20.47
+21.60%