🚨 RIVER is forming a Bear Flag on the 1H chart and this one is textbook.

After a sharp -3.5% drop on the flagpole, RIVER/USDT has been consolidating inside an upward sloping channel with 4 resistance touches and 4 support touches confirmed.

Bear Flags are continuation structures but no breakdown is confirmed yet. The next candle to close below support is what matters most.

Two scenarios:

→ Break below support with confirmation = possible continuation of the initial drop

→ Break above resistance = flag structure invalidated

👀 Does RIVER break down or surprise to the upside?

💬 Drop your call below 👇

Spotted using ChartScout.

⚠️ DYOR. Not financial advice.

#RİVER #cryptotrading #TechnicalAnalysis #altcoins #ChartScout