RIVER is currently maintaining a bullish market structure.
🔹 Current Price: ~15.15
🔹 Trend: Higher highs and higher lows
🔹 EMA Analysis:
Price is trading above EMA(7), EMA(25), and EMA(99)
EMA(7) > EMA(25) > EMA(99) → strong bullish alignment
🔹 RSI (6): ~69
Strong momentum
Not yet overbought, indicating more upside potential
🔹 Volume:
Gradually increasing, showing active buyer interest
📌 Long Setup Idea (Square)
Entry Zone: 14.90 – 15.10 (better on pullback)
Targets:
TP1: 16.50
TP2: 17.00
TP3: 19.40+
Stop Loss: 14.40 (below EMA25 / structure support)
⚠️ Invalidation:
Strong close below 14.40 will invalidate this setup
📊 Overall Bias: Bullish — pullbacks may offer good long opportunities.
Always use proper risk management. Not financial advice.