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$RIVER (1h) - Bounce Long
Bias: Long
Entry (Zone): 6.20 - 6.34
Targets:
TP1: 6.52
TP2: 6.68
TP3: 6.89
Stop Loss: 5.98
Why this Setup:
I’m looking for a rebound off the sharp selloff into the 6.20 area, with price trying to stabilize after the breakdown. I want confirmation that buyers can reclaim the 6.30s for a move back into the prior support levels, with room for continuation if momentum improves.