$RIVER USDT PERP THRILLING REVERSAL & RECOVERY SETUP – BOUNCE IN PROGRESS

$RIVER is attempting a technical recovery after a corrective move from highs. Price has found strong demand near the MA(99) and is now showing signs of short-term trend reversal with improving structure.

Current Price: $3.614

24H Change: +4.51%

Timeframe: 15m (scalp to intraday, perp setup)

Technical Breakdown

Price bounced cleanly from MA(99), confirming it as a strong dynamic support.

MA(7) has turned upward, showing short-term momentum shift.

MA(25) above price is the main resistance; reclaiming it will strengthen bullish continuation.

Selling pressure is weakening, and candles show recovery intent.

Market Structure

Corrective downtrend losing momentum.

Higher low formed near $3.50 zone.

Early reversal structure building with room for upside retracement.

Key Levels

Strong Support Zone: $3.48 – $3.50

Intraday Support: $3.56

Immediate Resistance: $3.65

Breakout Level: $3.72

Targets

Tg1: $3.80

Tg2: $4.05

The Main Target (extension): $4.40

Invalidation / SL

Strong close below $3.45.

Trade Idea

As long as $RIVER holds above the $3.50 support zone, recovery remains valid. A clean breakout and acceptance above $3.72 with volume can trigger a strong rebound toward Tg1 and Tg2, with extension potential toward the main target.

Support defended.

Momentum rebuilding.

Patience here can pay big when confirmation hits.