#RİVER $RIVER Market Context
Trend: Price has bounced from the $10.2 low and is now consolidating near $17.
Indicators:
RSI values (42–51) show neutral momentum — no longer oversold, but not yet overbought.
MACD line is above the signal line, though histogram is slightly negative → momentum is slowing but still leaning bullish.
Volume: Buy and sell volumes are nearly balanced, showing indecision.
EMAs: Price is hovering around EMA(7), EMA(25), and EMA(99), which means the market is testing whether this bounce can sustain.
Which Happens First
Buy Continuation (Higher Probability)
Buyers defended the $16.5–17.0 zone.
If price holds above $17.0, continuation toward $20–22 is likely.
Whale flows recently showed more buying than selling, supporting this scenario.
Sell Rejection (Lower Probability)
If price fails to hold above $16.5, sellers could drag it back down toward $14–15.
Short whales are still slightly profitable, so they may press if momentum weakens.
Tactical Takeaway
Buy continuation is more likely to happen first because the bounce is holding, RSI has normalized, and whales are leaning long.
Sell rejection remains possible, but only if $16.5 breaks down with volume.