🔥$RIVER Bullish with high volatility
The recent K-line data shows significant volume spikes during upward moves, confirming bullish interest. The latest 1H volume is relatively low, suggesting consolidation before the next move.
Strong net inflows over 24H and indicate sustained buying interest. Short-term flows (1H: 8.6M, 4H: 45M) are positive, supporting upward momentum.
Entry long $RIVER :
• Ideal entry on a pullback to the support zone (43.93 - 44.50 USDT) near the MA20 and BOLL middle band.
• Alternatively, a breakout above 47.0 USDT (above recent high) could be used for momentum entry.
Stop Loss: 42.30 USDT if entering at 43.80. This accounts for the high ATR (3.192) and volatility.
Target Price $RIVER : 48.80 - 50.0 USDT, aligning with the next resistance area and BOLL upper band expansion.
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