#RIVERUSDT Chart Breakdown
A prolonged downtrend preceded it.
A sharp, large red bar (the climactic bar) hit the lows with extreme volume.
Price has since bounced strongly (currently around $3.28 with +18% gains in your screenshot).
Your described strategy aligns perfectly with this setup:
Entry: Near the climactic bar's low or on the subsequent bounce confirmation (as indicated by your BUY mark).
Targets:
First: $5
Second: $6
Third: $8.5
Stop Loss: Below the climactic bar's low for risk protection.
Profit Taking: Book 40-50% (or up to 70%) at targets, then trail or hold the rest for potential further upside.
Current Update (as of December 18, 2025)
The price of RIVER has continued to recover strongly since your chart. Live data from major trackers shows:
Current price: Approximately $3.21–$3.28 (matching your screenshot closely).
24-hour change: Up significantly (reports range from +16% to +76% depending on the exact low, with high trading volume ~$20–25 million).
This bounce confirms the reversal potential from the climactic bar. Your first target of $5 is very achievable if momentum holds, with room toward $6 and $8.5 on stronger volume.
Risk Note: Crypto markets are volatile—monitor volume, overall market conditions (e.g., Bitcoin's strength), and any retests of support. Always use proper risk management (e.g., position sizing so stop loss risks only 1-2% of capital).