$RIVER ‌RIVER just made a strong upside move after bouncing from the 16–18 zone. Momentum is clearly bullish right now, backed by expanding volume.


Short-term (1H view):
Price is trading well above key moving averages. As long as it holds 26.5–27.0, buyers stay in control. A slow push toward 28.9–30.0 is possible if momentum continues.
Mid-term (4H view):
After such a sharp run, a pause or pullback wouldn’t be surprising. A healthy retrace toward 23.9–25.0 can still keep the overall structure bullish.
Bullish idea:
Strong trend + higher highs may allow continuation toward the next resistance zone.
Bearish idea:
If price fails to hold above 26, short-term profit-taking could drag it lower.
This is only a personal market view, not financial advice. Always manage your risk.
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt