📊 $RIVER Analysis: From Quiet Accumulation to Bullish Breakout
🔹 Key Zones to Watch
- Demand Zone (Support):
Strong buying interest between 13.50 – 14.20 USDT, confirmed by repeated wick rejections and volume spikes.
- Resistance Zone:
Price stalled at 17.81 USDT, marking a clear ceiling. A breakout here could trigger momentum toward 19.00+.
- Key Transition Zone:
The 15.50 – 16.50 USDT range acted as a consolidation shelf. Once broken, it flipped to support — a classic bullish signal.
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🧠 Consolidation Phase: Smart Money Moves
RIVER/USDT spent time compressing within the 15.50–16.50 zone. EMAs tightened, MACD hovered near zero, and RSI floated in the mid-50s. This was a textbook accumulation phase — low volatility, steady volume, and quiet positioning.
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🚀 Bullish Breakout: Trend Confirmation
- EMA Stack:
EMA(7) > EMA(25) > EMA(99) — bullish alignment confirmed.
- MACD Momentum:
DIF: 0.606, DEA: 0.548, MACD: 0.058 — histogram turning green, momentum building.
- RSI Strength:
RSI(6) at 67.25 — bullish but not yet overheated.
- Volume Surge:
Volume hit 549K, backing the breakout with conviction.
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🎯 What’s Next?
- Watch for a retest of 16.50 — if it holds, bulls remain in control.
- A clean break above 17.81 could open the path to 19.00+.
- Use trailing stop logic to protect gains while riding momentum.
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Discipline wins. Let the chart speak.
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