$RIVER hits fresh lows near $0.73: Oversold bounce or a trap? 📊
After the massive hype
earlier this year, River ($RIVER ) has pulled back into the $0.73 – $0.75 zone.
On the higher timeframes, the 14-day RSI is sitting right around 32 (oversold territory), which often triggers a technical relief bounce.
🔹 Support: $0.69 – $0.70 (24h local low). Losing this zone could trigger another quick liquidity sweep lower.
🔹 Resistance: $0.77 – $0.85. Bulls need a solid reclaim above $0.95 to shift the broader structure.
🔹 My Game Plan: No high leverage on RIVERUSDT. I'm waiting for clear volume confirmation near $0.70 or a clean breakout above $0.77.
Not financial advice (DYOR). Protect your capital!
Do you think $RIVER bounces back to $1.00+, or are you staying on the sidelines? 👇
If this breakdown helped you navigate the chart, feel free to buy me a coffee via the "Tip" button below! Happy trading ☕️🚀
After the massive hype
earlier this year, River ($RIVER ) has pulled back into the $0.73 – $0.75 zone.
On the higher timeframes, the 14-day RSI is sitting right around 32 (oversold territory), which often triggers a technical relief bounce.
🔹 Support: $0.69 – $0.70 (24h local low). Losing this zone could trigger another quick liquidity sweep lower.
🔹 Resistance: $0.77 – $0.85. Bulls need a solid reclaim above $0.95 to shift the broader structure.
🔹 My Game Plan: No high leverage on RIVERUSDT. I'm waiting for clear volume confirmation near $0.70 or a clean breakout above $0.77.
Not financial advice (DYOR). Protect your capital!
Do you think $RIVER bounces back to $1.00+, or are you staying on the sidelines? 👇
If this breakdown helped you navigate the chart, feel free to buy me a coffee via the "Tip" button below! Happy trading ☕️🚀