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Is this support bounce the start of the next rally… or just another fake breakout before rejection?
Everyone expects another rejection… but $RIVER might be preparing for a breakout from support.
$RIVER — LONG 🚀
Trade Plan:
Entry: 15.10 – 15.50
SL: 13.90
Targets:
TP1: 17.20
TP2: 19.80
TP3: 22.50
Why this setup?
4H price is holding the 14–15 demand zone, a level that previously acted as strong support. After the sharp recovery from the 8 zone, buyers are defending this level aggressively.
The structure shows higher lows forming, suggesting accumulation before another move upward.
If 16 breaks, momentum could push price quickly toward the 19–20 resistance area.
Click here to Trade 👇️ $RIVER