RIVER is currently trading within a structured consolidation range, with multiple indicators giving early signals to watch closely.
🔹 EMA Structure: Price is hovering near the 20 & 50 EMA, suggesting equilibrium. A clean reclaim above these EMAs would favor bullish continuation.
🔹 RSI (14): RSI remains in the 45–55 zone, indicating neutral momentum and no overbought conditions — room for expansion.
🔹 MACD: Histogram is flattening, signaling weakening bearish momentum and a potential bullish crossover if volume increases.
🔹 Volume Profile: Declining sell volume hints at accumulation rather than distribution.
🔹 Market Structure: Higher low still valid as long as key support holds — structure break below support would invalidate the setup.
📌 Bias remains neutral-to-bullish until a volume-backed breakout confirms direction. Patience is key.
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