Todays headlines about RIVER
RIVER stays bullish overall as price holds the rising channel despite rejection at supply
Failure to reclaim $39.98 risks a deeper pullback toward $32 Fib support zone area
Open interest and spot flows confirm aggressive trading and fast position rotation
River (RIVER) remained one of the stronger performers on the 4-hour chart, even after a sharp pullback from recent highs. The token stayed inside a rising price channel, which signaled that buyers still controlled the broader move.
However, price action hit heavy selling near the $46–$50 supply zone, and the latest candle showed fast profit-taking at the top. Traders now appear to watch whether RIVER can hold key supports and reset for another push higher.
RIVER Pulls Back After Testing Supply
RIVER recently climbed into the $46.70–$50.10 resistance zone, which also marked the latest peak area. That move confirmed strong momentum, but the rejection highlighted supply pressure. Besides, price now needs a clean reclaim of the $39.98 level, near the Fib 0.786 zone, to restore bullish continuation.
The uptrend remains intact as long as price holds above the short-term moving averages. Hence, the next sessions may decide whether this pullback stays healthy or turns into a deeper correction