$RIVER Important Market Update
Guys pay attention — here is a quick view on $RIVER based on the current 1H chart structure.
#RIVER has shown a strong recovery from the 10.0–10.3 support zone followed by a sharp bullish push toward 11.8, indicating buyers stepping back into the market after a downtrend phase.
Right now RIVER is trading around 11.82, holding near recent highs after the bounce. The structure shows short-term bullish momentum with higher lows forming, suggesting buyers gaining control.
This looks like a recovery move, but price is approaching a key resistance area.
If RIVER breaks and holds above the 12.0–12.2 resistance zone, continuation toward higher levels is likely. However, if price gets rejected, a pullback toward support can happen.
Bottom Line:
Trend = Short-term Bullish
Support = 10.8 – 11.0
Resistance = 12.0 – 12.2
TP = $15
Best move for now is wait for confirmation.
Breakout above resistance = bullish continuation.
Rejection from resistance = pullback move.
Click below to Take Trade.
{future}(RIVERUSDT)