The short liquidation near $12.19851 signals a strong upside squeeze that forced bearish traders out as price surged higher. A new support zone has now formed around $11.80, acting as the key demand area for continuation. Holding above this level keeps bullish momentum intact with immediate resistance positioned near $12.90 where price previously hesitated. A breakout above $12.90 could send RIVER toward the next upside target around $13.80–$14.20 where profit-taking may intensify. The squeeze reflects strong demand entering the market and strengthening trend structure. If support fails below $11.80, a retrace toward $11.20 could occur before another upside attempt forms. Overall bias remains bullish after the short squeeze event. $RIVER
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$RIVER
The short liquidation near $12.19851 signals a strong upside squeeze that forced bearish traders out as price surged higher. A new support zone has now formed around $11.80, acting as the key demand area for continuation. Holding above this level keeps bullish momentum intact with immediate resistance positioned near $12.90 where price previously hesitated. A breakout above $12.90 could send RIVER toward the next upside target around $13.80–$14.20 where profit-taking may intensify. The squeeze reflects strong demand entering the market and strengthening trend structure. If support fails below $11.80, a retrace toward $11.20 could occur before another upside attempt forms. Overall bias remains bullish after the short squeeze event. $RIVER