$RIVER Market Snapshot
RIVER saw a noticeable long liquidation close to $2.09289, a move that often shakes out overleveraged buyers. These moments can feel aggressive, but they frequently reset the chart and create cleaner opportunities for the next phase.
Critical Price Areas
Short-term support is forming around $2.02 – $2.05, where buyers may attempt to regain control. If pressure continues, a stronger base exists near $1.95.
On the upper side, resistance appears near $2.15, followed by a more decisive level around $2.25.
Trend Perspective
The overall structure remains undecided. Liquidations suggest fear-driven exits, yet price stability above support could signal preparation for a rebound rather than a full breakdown.
Strategic Levels
A calculated buy zone sits between $2.03 – $2.06, preferably after signs of slowing sell momentum.
Sell consideration can begin around $2.15, with extended upside potential toward $2.22 – $2.25 if demand strengthens.
A sustained move below $1.95 would invalidate the setup and call for caution.
Outlook
Let RIVER prove its strength before chasing. Holding above support with improving volume may pave the way for a controlled upside move, while weakness below key levels could delay any recovery.
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