RIVER is in a clear downtrend, with sellers still dominating the short-term structure.
• Price is sitting around 12.76 USDT, down sharply from 15.55, showing sustained downside pressure.
• The trend remains bearish, with price below EMA(9) (13.01) and EMA(15) (13.35) — confirming continued weakness.
• The earlier death cross accelerated the move down, and so far there’s no strong reversal signal yet.
• Immediate support is forming near 12.35, where a small bounce is starting to appear.
• Resistance is now at 13.00 (EMA 9) — this is the first level bulls must reclaim to show any real recovery.
• Volume during the drop was high, indicating strong selling conviction, while current buying is still relatively weak.
Overall, RIVER is still in a bearish phase. A short-term bounce is possible from support, but a true reversal needs a reclaim of the EMA zone with stronger volume.
