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$RIVER (1h) - Range Reversal Long
Bias: Long
Entry (Zone): 6.65 - 6.82
Targets:
TP1: 7.00
TP2: 7.28
TP3: 7.62
Stop Loss: 6.34
Why this Setup:
I’m leaning long because price is holding above the recent consolidation base after a sharp selloff, and the rebound from support is still intact. I want to buy the retest of this range while momentum stabilizes, with room for continuation back into the prior supply area.