$RIVER just shifted from expansion to correction. 🌊
Currently trading at $14.45, down −27%, after topping near $24.24 on the 4H timeframe.
This isn’t random weakness.
This is a momentum unwind.
📊 What the chart clearly shows:
• Strong rally from ~$12 to $24
• Clear rejection at local top
• Consecutive red 4H candles
• Rising sell volume into breakdown
Market Cap: ~$690M
FDV: ~$1.45B
24H Volume: ~$9.97M
Holders: 47K+
This is a large-cap move and large caps don’t drop 27% without conviction.
🧠 My Technical Read
The structure has shifted from higher highs → lower highs.
The key zone now is around $13.70–$14.00 (recent low region).
If $RIVER loses that support cleanly, next downside liquidity could sit around the $12 zone.
For bulls to regain control, price needs to reclaim $16.80–$17.00 with strong volume.
Right now, momentum favors sellers.
🔎 What I’m Watching
• Reaction at $13.70 support
• Volume behavior on any bounce
• Whether a lower high forms below $17
Strong rallies create profit-taking waves.
The question is whether this becomes a healthy pullback… or the start of a deeper correction.
Is this a dip opportunity or early trend reversal?
What’s your bias on $RIVER right now? 👇
#RIVER #CryptoAnalysis #Altcoins #MarketStructure #dyor