$RIVER is in a short-term corrective pullback after a recent upside move, with sellers taking partial profits while the market remains actively traded. Over the last 24 hours, RIVER declined 6.82%, trading around $5.28 with steady volume of $17.29M, showing that participation is still consistent despite the downward pressure. The large gap between circulating market cap and unlocked market cap suggests potential supply overhang, which can add short-term volatility. As long as RIVER holds above the $5.00 support zone, the structure remains stable. A recovery above $5.50 would be the first signal of renewed bullish momentum.
Trading Plan Long $RIVER
Entry: 5.05 – 5.30
SL: 4.85
TP: 5.70
TP: 6.40
TP: 7.20
**Trade here $RIVER