rivermoon

RIVER Long: Catching the Bottom Bounce 🌊

The price action on $RIVER is looking pretty bottomed out here. We just saw a solid sweep of the lows followed by a nice double bottom formation. More importantly, momentum is finally shifting
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on the lower timeframes—looks like liquidity is starting to rotate back in.

How I’m playing this:

The Entry: Looking to bid between $2.90 – $3.15. If we get a clean retest of that $3.00 psych level, that’s your best entry point.
The Targets:
TP1: $3.40 (Heavy resistance/200-day EMA here. I’m peeling 30% off and moving my SL to break even).
TP2: $4.10 (Previous local high and a major supply zone).
TP3: $5.00 (The big psychological target—pure moon bag territory).

Risk Management:
Keep a tight Stop Loss at $2.60. If we lose the recent swing low, the setup is invalidated and I’m out. This gives us a solid R/R of about 1:3.8.
Why I like it:
RSI is finally climbing out of the "dirt" (oversold), and we just got a bullish MACD cross. Buying volume is also starting to outpace the sellers at the $2.90 floor, which usually smells like accumulation. There’s a massive "fair value gap" above us from the last dump that needs to be filled.

Quick Note: Don't go full degenerate on this. Crypto is wild, so keep your position size reasonable (1-2% max risk).

$RIVER Fast mover stay sharp and manage risk.
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