$RIVER Scenario 1: Bounce (Local Long)
The price has fallen to a strong psychological level of 13.00. If it holds, a technical bounce to the level of 15.50 - 16.00 is possible for testing the former support, which has now become resistance.
Scenario 2: Continuation of the Fall (Short)
If the price settles below 13.00, the next stop could be significantly lower (closer to 11.00 or even 10.00), as a drop at such a large volume rarely stops instantly.
The price has fallen to a strong psychological level of 13.00. If it holds, a technical bounce to the level of 15.50 - 16.00 is possible for testing the former support, which has now become resistance.
Scenario 2: Continuation of the Fall (Short)
If the price settles below 13.00, the next stop could be significantly lower (closer to 11.00 or even 10.00), as a drop at such a large volume rarely stops instantly.