RIVER is showing clear downside pressure after losing momentum from its recent highs, now testing a critical support zone.
• Price is sitting around 11.30 USDT, down ~5.3% on the day, drifting closer to the 11.125 low.
• The move from 13.47 → 11.12 has formed a clear structure of lower highs and lower lows, confirming short-term trend weakness.
• Selling activity has been consistent, and the recent small green candle suggests only a temporary pause, not a confirmed reversal yet.
• On the 1-hour timeframe, price is trading below EMA(9) (11.68) and EMA(15) (11.86), with a confirmed bearish crossover — signaling sustained downside momentum.
• Immediate support sits at 11.12, while a breakdown below this could push price toward the 10.68 – 10.50 zone. Resistance is now defined at the 11.68 → 11.86 EMA range.
Overall, RIVER is in a bearish continuation phase with early signs of stabilization. Momentum is still weak, and any upside move needs to reclaim the EMA zone to shift sentiment. Until then, the structure remains pressured.
