๐ Current Price Action
RIVER is trading around mid-range levels (~$3โ$7+ USDT) after a big swing from its cycle highs, showing volatile price action with wide daily ranges. The token has seen both rallies and pullbacks in recent sessions.
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๐ Technical & Market Structure
๐ Short-Term Momentum
โข After spikes above recent mid-range levels, RIVER has shown profit-taking pressure and pullbacks, indicating sellers are active near higher price zones.
โข According to technical indicators, momentum can be mixed to slightly bearish on shorter timeframes, with some oscillators in overbought zones and potential for a short correction before new upside.
๐ Bearish Pressure / Volatility
โข RIVER has pulled back from its all-time highs (~$10+ USDT) and is trading significantly below those peaks, reflecting market rotation and profit-taking.
โข Price has also experienced recent declines amplified by technical sell signals and mixed sentiment.
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๐ Bullish Scenario
โ Break & Hold Above Resistance (~$7.5โ$8.5+)
โก๏ธ Sustained volume above these levels could signal renewed trend strength and attract fresh buyers.
โก๏ธ Higher liquidity around breakout zones may support continuation.
๐ Bearish Scenario
โ Failure to Hold Support (~$4.5โ$5 range)
โก๏ธ A breakdown could lead to deeper pullbacks toward lower supports and extended sideways structure.
โก๏ธ Market may consolidate before the next true breakout setup forms.
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๐ฏ Key Levels to Watch
๐น Support: ~$4.6, ~$3.5 โ where buyers previously stepped in.
๐น Resistance: ~$7.7, ~$9.7 โ critical breakout gates for bulls.
๐ Volume and volatility are essential signals here โ sharp moves often come with large volume spikes.
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๐ก Trader Insight
โข Swing Traders: Look for breakout confirmation above resistance with retest signals before adding long positions.
โข Scalpers: Watch support bounces with tight stops for quick trades.
โข Risk Management: RIVER can have large swings โ always use stops and manage position size. โ ๏ธ
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