#RİVER wow! The project that Sun-ge participates in ultimately ends up as a place full of nothing but setbacks!
The coin price has completely lost fundamental support. On the weekly chart there is a massive inverted-V reversal, and the large-scale downtrend channel remains intact. In the short term, it’s a step-like, downward drifting decline—more like a grinding mill during a down move, not a completed bottoming process. There is heavy overhead trapped-supply resistance in the 2.7–3.0 range. Only if it can increase volume and hold steady above 2.8 is there a chance to change the near-term downtrend structure. If it breaks down below the 2.2 support level decisively, it will definitely probe lower again.
First target: 1.93 (reduce/trim at target; hold a midline trade for a long-term bet against historical lows)
Final target: 1.61 (historical low)
$RIVER
The coin price has completely lost fundamental support. On the weekly chart there is a massive inverted-V reversal, and the large-scale downtrend channel remains intact. In the short term, it’s a step-like, downward drifting decline—more like a grinding mill during a down move, not a completed bottoming process. There is heavy overhead trapped-supply resistance in the 2.7–3.0 range. Only if it can increase volume and hold steady above 2.8 is there a chance to change the near-term downtrend structure. If it breaks down below the 2.2 support level decisively, it will definitely probe lower again.
First target: 1.93 (reduce/trim at target; hold a midline trade for a long-term bet against historical lows)
Final target: 1.61 (historical low)
$RIVER
