The world of crypto is a world of imagination

ShahG Crypto Labs has observed a significant technical shift in the $RIVER USDT pair. After the violent correction that the market has witnessed since January, the candles have finally begun to show real reversal signals. We observe a clear breakout above the moving averages MA(7) and MA(25) on the 4-hour timeframe, supported by a rise in the Relative Strength Index (RSI) to 74.52, confirming the buyers' control at present.

The price has stabilized above the $9.20 level, and with open interest (O.I.) rising to 2.73 million, it seems that large liquidity has started to flow in. Our team at ShahG Crypto Labs believes that the local bottom may have already formed, but trading should be done cautiously according to the following levels.

Trading plan:

Trade type: Buy (Long) 🚀

Entry area: 9.15$ – 9.25$ (ensure stability above $9.20)

First target: $9.66

Second target: $10.02

Third target: $11.50