$RIVER RIVER just made a strong upside move after bouncing from the 16–18 zone. Momentum is clearly bullish right now, backed by expanding volume.
Short-term (1H view): Price is trading well above key moving averages. As long as it holds 26.5–27.0, buyers stay in control. A slow push toward 28.9–30.0 is possible if momentum continues. Mid-term (4H view): After such a sharp run, a pause or pullback wouldn’t be surprising. A healthy retrace toward 23.9–25.0 can still keep the overall structure bullish. Bullish idea: Strong trend + higher highs may allow continuation toward the next resistance zone. Bearish idea: If price fails to hold above 26, short-term profit-taking could drag it lower. This is only a personal market view, not financial advice. Always manage your risk.
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$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.