$RIVER is under some pressure right now. The price is hovering around $10.92, trying to defend the $10.10 support zone. If this level holds, we could see some stability — but losing it might open the door for a deeper dip. 📉
⚠️ What’s causing the tension?
A major token unlock worth around $27M is approaching. Events like this often increase selling pressure as more supply enters the market. On top of that, the Hyperliquid campaign wrapping up around mid-April may keep price action a bit shaky in the short term.
💡 But the bigger picture isn’t all bad.
The project’s liquidity layer development and satUSD ecosystem plans are still gaining attention. Because of that, several market watchers believe $RIVER could revisit the $20+ zone once the current selling wave passes and momentum returns. 🚀
📊 Strategy for now:
Keep a close eye on the $10.10 support. Holding above it could build a base for a bounce, while a breakdown might mean waiting for a better entry.
Stay cautious, but don’t lose sight of the long-term potential. 👀
