$RIVER has put in a clear V-shaped recovery from the 30.6 lows and is now trading back above the 50 psychological zone. The bounce is no longer just corrective — price is forming higher lows and higher highs, showing buyers are stepping in with intent. The structure shift happened once price reclaimed the mid-range (around low-40s), turning previous resistance into support.

At current levels, price is consolidating near 53, which suggests acceptance rather than rejection. If this area holds, continuation toward the prior breakdown zone (upper-50s to low-60s) becomes likely. However, this is still a recovery leg inside a larger volatile range, so expect pullbacks and chop before any clean expansion. A failure to hold above 50 would signal more ranging, but as it stands, momentum favors further upside rather than an immediate reversal.

RIVERUSDT

Perp

44.66

-10.32%