$RIVER currently trading at $5.86 (+33% in 24h). Volumes have increased by more than 4 times, interest from new wallets at the highs for 3 months. RSI(14) on the hourly timeframe is already 65.69 — strength zone, but not yet overbought (critical above 78–80).
Techanalysis:
• Break and retest of the downtrend since June.
• The next Fibonacci target — $7.20–7.40 (level 1.618), then $9.10.
• Support: $5.30 (former resistance) and $4.85 (200 EMA).
Bullish scenario (65% probability for the next 48–72 hours):
• Entry: bounce $RIVER from $5.45–5.60 or breakout at $6.20
• TP1 $7.20 | TP2 $8.10 | TP3 $9.10
• SL $5.25 (–5% from $5.55) → then break even at +10%
Bearish scenario (correction after hype):
• Short entry: breakout $RIVER down at $5.30
• TP1 $4.85 | TP2 $4.30
• SL $5.65 (+3%)
Risk per trade — maximum 1–1.5% of the deposit! Volatility is high, do not be greedy.
Who is waiting for $10+ by the end of the year — give a thumbs up 👍
Write your goals and plans in the comments!
Subscribe — here only precise analytics and copy-trading that gives a real advantage.
