🔥$RIVER Bullish with overbought signals
The 1h chart shows:
1. V-shaped recovery from 28.88 low with explosive volume expansion
2. Multiple consecutive green candles with above-average volume
3. Recent rejection at 50.80 resistance creating upper wick
4. Current consolidation near BOLL upper band suggests momentum pause
Recent candles show elevated volume (3.1M vs avg 1.2M) during upside moves, confirming bullish interest
Entry long $RIVER :
• Preferred: Pullback to 44.50-45.50 range (MA10 confluence)
• Aggressive: Break above 49.00 with volume confirmation
Stop Loss: 3.5% from entry (Utilizing ATR of 3.53 for volatility-adjusted sizing)
Target Zones $RIVER : 52.50
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RIVERUSDT
دائم
40.68
-29.54%