🔥 Liquidation of sell orders on $RIVER
🚀
💥 A total of $2.84 thousand was liquidated from sell orders at $20.0623 after breaking the upper range and forcing late sellers to cover their positions.
The breakout led to buying pressure (Short Squeeze), and the structure became stronger as long as the price remains above the 19.55 – 19.10 area 📈
This is how the shift in momentum begins:
First, the sellers are liquidated,
Then breakout traders enter and add fuel to the move 🔥
🎯 Bullish targets
🎯 First target: 20.84
🎯 Second target: 21.92
🎯 Third target: 23.68
📌 Important advice:
Breaking the highs of the range often begins with forced covering of sell positions before trend-following traders enter.
Staying above support keeps the bullish pressure intact, while returning inside the range may weaken the momentum ⚠️
Stay alert… and manage your risk wisely 💎
#RIVER #Crypto #Breakout #Trading 🚀