Current Status: $RIVER $ (RIVER) is trading around $7.34, marking a modest +3.49% recovery over the last 24 hours with a daily trading volume of $14.08 million.
Technical Support: Analysts highlight $7.00 as a critical psychological line; holding above this zone positions the token for short-term upside, while dropping below could trigger a quick slide to $6.80.
Profit-Taking Pressure: Despite localized high-volume surges, the coin faces intense selling pressure at overhead levels, heavily weighed down by its vast distance from its January peak of $87.73.
Imminent Risk: Supply-side risk is expected to escalate rapidly due to a scheduled high-value token unlock on May 22, which technical indicators suggest will suppress short-term risk appetite