🚀 $RIVER – ACCUMULATION ZONE OR CONTINUED DOWNTREND? 🌊🔥
RIVER has been in a strong downtrend from ~88 and is now stabilizing around 7.2 – 7.8 → signs of a possible bottoming phase after heavy sell-off 👀
📊 Key scenarios to watch:
* Entry zone: 7.2 – 7.8
* Strong support: 6.8 – 7.0 (losing this = further downside risk)
* Reclaim level: 8.5 – 10.0 (first sign of reversal)
* Upside target: 12.0+ if trend reversal confirms
⚠️ Macro structure still bearish (lower highs) → no clear trend reversal yet
💡 PSY is low and flattening → selling pressure weakening, potential accumulation but needs volume confirmation
🔥 Strategy: accumulate cautiously near support or wait for breakout — avoid aggressive entries too early