$RIVER shows a strong bullish impulse, with the price currently around $27.10, up +40% over the last 24 hours.
The move is supported by a visible increase in volume, confirming short-term buying interest.
👉 Price is trading above the MA7 and MA25, confirming bullish momentum
👉 Clean rebound from the $16.12 low zone, which corresponds to a major technical support
👉 The structure remains positive, but price is approaching a significant resistance zone
- Caution: the area marked in red represents a selling pressure zone.
If the price fails to hold above $27–$28, a technical pullback toward lower supports remains possible.
- Above $28, further bullish continuation remains possible
- In case of rejection, a healthy correction would not invalidate the overall trend
👉 Bias: Bullish, with caution near resistance.
🙏Subscribe guys so you don’t miss anything!🤝
The move is supported by a visible increase in volume, confirming short-term buying interest.
👉 Price is trading above the MA7 and MA25, confirming bullish momentum
👉 Clean rebound from the $16.12 low zone, which corresponds to a major technical support
👉 The structure remains positive, but price is approaching a significant resistance zone
- Caution: the area marked in red represents a selling pressure zone.
If the price fails to hold above $27–$28, a technical pullback toward lower supports remains possible.
- Above $28, further bullish continuation remains possible
- In case of rejection, a healthy correction would not invalidate the overall trend
👉 Bias: Bullish, with caution near resistance.
🙏Subscribe guys so you don’t miss anything!🤝