$RIVER 🧱 Key Levels to Watch
🔻 Support Zones
41 – 42 (current range support)
35 – 36 (strong support, previous demand)
30 – 31 (lower Bollinger band, extreme support)
🔺 Resistance Zones
46 – 47 (local resistance)
52 – 55 (major supply zone)
66 (swing high / strong rejection)
🧠 Scenarios
✅ Bullish Case
Holds above 41–42
Breaks and closes above 46
Target: 52 → 55
Would be a relief bounce / consolidation continuation
⚠️ Bearish Case
Loses 41
Next stop 35
If panic selling returns → 30
🎯 Trading Insight (Not Financial Advice)
Not ideal for fresh longs right now
Safer longs only:
On clear bounce from 35
Or break & hold above 46
Short-term traders can scalp the range 41–46
🔑 Overall Bias
👉 Neutral → Slightly Bearish (short-term)
👉 Medium-term structure still bullish unless 30 breaks