$RIVER
at a Crossroads: Massive Retracement or Institutional Floor? 🌊
As of today, February 9, 2026, River ($RIVER) is navigating an extremely volatile period following its historic January rally. After touching a record high of $87.73 on January 26, the token has undergone a sharp correction and is currently trading in the $12.50 - $13.35 range.
Technical Breakdown
Support Levels: The current price action is testing the $12.30 - $12.50 zone. This is a critical area; a failure to hold here could see the token slide toward the next major psychological support at $10.50.
Resistance Targets: On the upside, $15.00 remains the immediate hurdle. A sustained breakout above $18.65 (the weekly high) is necessary to invalidate the current bearish trend and target the $24.00+ levels seen earlier this month.
Volatility Warning: Technical indicators show extreme volatility (ATR at 0.19) and high leverage in the system. With futures volume still significantly higher than spot, the risk of a "short squeeze" or sudden liquidations remains high.
RSI Signal: The 14-day RSI is sitting around 54.9 (Neutral), suggesting the market is in a "wait-and-see" mode after the recent oversold bounce.
Let’s get active in the comments:
Is $12.50 a massive "buy the dip" opportunity, or is it going back to single digits?
Does the backing of Justin Sun and Arthur Hayes make you ignore the price volatility?
How worried are you about the concentrated supply in just a few wallets?
📊 Your Play Today:
🚀 Aggressive Bull (Buying the $12.50 floor, betting on a reversal toward $18+)
🛡️ Strategic HODL (Holding for the long-term satUSD utility, ignoring the daily noise)
👀 Sidelined (Waiting for a confirmed daily close above $15.00 before entering)