$RIVER — price just completed a sharp liquidity sweep below the range and is now compressing near short-term demand.

Market read

A fast sell-off pushed price down to the 40.79 low, clearly grabbing liquidity below prior structure. That long downside wick signals forced liquidations and absorption. Since then, price has reclaimed above 42 and is stabilizing, showing selling pressure is fading rather than accelerating.

Entry point

43.00 – 42.40

This zone sits just above the sweep low and inside intraday demand. Acceptance here keeps the recovery structure valid.

Target point

TP1: 44.20 – first reaction and local imbalance

TP2: 45.30 – previous range top and rejection zone

TP3: 46.10 – upper liquidity and breakout extension

Stop loss

40.50

A clean acceptance below the sweep low invalidates the setup.

Why it works

Liquidity below 41 is already taken. RSI is deeply oversold and starting to curl, while momentum loss on MACD suggests downside exhaustion. If buyers defend this base, a relief move back into the range is the higher probability path.

Let’s go $RIVER