$RIVER momentum cooled after multiple rejection attempts, but buyers stepped in aggressively at the session low. The bounce is visible, yet the structure still needs confirmation.
Market Bias: Neutral
Quick Chart Read: • Short-term trend remains corrective after failing to hold above 6.50
• Support formed around 6.32–6.37, where buyers reacted sharply
• Resistance sits near 6.50–6.53, the recent rejection zone
• Recovery candles from the low show demand returning, but price is still inside the broader range
Trade Setup:
Entry Zone: 6.38–6.42
Stop Loss: 6.30
TP1: 6.50
TP2: 6.58
TP3: 6.63
• As long as price remains above the recent low, the rebound structure stays intact.
Are buyers building a base for another push toward 6.60+, or does resistance around 6.50 cap the move again?
RIVERUSDT
Perp
4.933
+10.13%