I’m keeping a close eye on $RIVER here.
After the recent push up, price is cooling off a bit. The move down is slow and controlled, not aggressive. Those small red candles look more like light profit-taking than real selling pressure. Right now, the market is simply testing support.
Price is consolidating around 12.87, and this zone matters. If we hold above 12.85–12.90, it keeps the structure healthy and opens the door for continuation. A clean break below 12.80, though, could invite a deeper short-term dip toward the lower support area.
Key levels I’m watching: Support: 12.80 – 12.75
Resistance / upside target: 13.10 – 13.25
I’m staying patient here. Either we see a rebound from support and continuation higher, or a breakdown that offers a better entry lower. No rush — letting price confirm the next move before committing.
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