$RIVER is showing early stabilization after a sharp downside liquidity sweep, following the liquidation of a notable long position. The forced selling has likely cleared weaker leveraged longs, creating the potential for a relief bounce if buyers continue defending the current demand zone.
EP
3.35 - 3.39
TP
TP1 3.43
TP2 3.52
TP3 3.66
SL
3.29
The $3.00K long liquidation reflects a meaningful liquidity flush, increasing short-term volatility while reducing long-side leverage. If buyers continue absorbing supply around support, RIVER could rotate back toward higher liquidity zones.
A sustained move above 3.43 would strengthen the bullish recovery outlook and open the path toward 3.52–3.66. However, a decisive break below 3.29 would invalidate the rebound setup and increase the probability of another downside leg.
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