$RIVER Holding Bullish Structure 📈
Price continues to trade within a rising channel on the 4H timeframe. Consolidation above mid-channel support suggests a potential continuation toward higher resistance levels.
$RIVER remains in a clear ascending channel, indicating sustained bullish momentum. After a strong impulsive move, price is currently consolidating near the middle of the channel, which often acts as a decision zone. As long as price holds above the lower channel support, the bullish trend remains intact. A breakout and close toward the upper channel could trigger the next upward leg. Failure to hold support may lead to a deeper pullback, but overall structure still favors the upside.
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RIVERUSDT
Διην.
13.9
+16.63%