Market Context #RİVER $RIVER

Trend: Still bullish overall — price is well above EMA(25) and EMA(99), showing buyers remain in control.

Momentum:

MACD line is above the signal line, but histogram has turned negative → momentum is slowing.

RSI values (35–54) show the market has cooled down from overbought, now back in neutral territory.

Volume: Sell volume slightly outweighs buy volume, suggesting profit‑taking after the rally.

Which Happens First

Sell Pullback (Higher Probability short term)

The rally stretched RSI into overbought territory earlier, and now momentum is cooling.

If price fails to hold above $21.5, sellers could push toward $20.0–19.0.

Buy Continuation (Lower Probability short term, but possible)

If buyers defend the $21.5–22.0 zone, price could rebound and retest $23–25.

Requires strong volume to confirm.

Tactical Takeaway

Sell pullback is more likely to happen first, because momentum is cooling and profit‑taking is visible.

Buy continuation could follow later, but only if buyers step back in at the $21.5–22.0 support zone.

✅ Bottom line: After the sharp rally, River is now in a cooling phase. A pullback is more likely to happen first, before buyers attempt another push upward.