RIVER Healthy Cooling or the Calm Before the Storm?
After that massive parabolic moonshot to $80, $RIVER has finally entered a much-needed consolidation phase. Looking at the chart, we’ve found solid horizontal support around the $20.00 mark.
The current bounce to $25.83 (+16.6%) shows buyers are stepping back in, but I’m watching the volume. We need a decisive breakout above the $35.00 resistance to reclaim bullish momentum. Personally, I think this "reset" is healthy to shake out weak hands. If the ecosystem utility holds, I’m betting on a slow grind toward a new ATH by Q3.
My Play: Accumulating on dips near $21. Not financial advice!