$RIVER at a critical decision Zone📊⚖️
The current $RIVER action has many traders on edge, which is understandable given the sharp decline from its peak. The price is currently testing a crucial support zone between 32 and 36. The long wick on the chart indicates buyers attempted a defense at this level, but the momentum on lower timeframes remains unconvincing, making impulsive trades in either direction a gamble.
Here is a straightforward way to assess the situation:
Consider a long only if price establishes a base above 38-40 and begins forming consistent higher lows.
Consider a short if we see a clear rejection around 42-45 followed by fading momentum.
If price oscillates weakly between these levels, the most prudent action is to wait and preserve capital.
This is a moment for strategic patience, not impulsive action. Let the market show its next move with clarity before committing.
#RİVER #binance #C150