🔥$RIVER Bullish on 1-hour timeframe
• Short-term bullish signals: Current Price above MA5 (51.2) MA10 (49.5) MA20 (49.25), indicating near-term upward momentum, though price remains below MA120 (62.2) reflecting longer-term bearish pressure.
• Price is currently testing the resistance 54.6. A break above could trigger further gains toward next resistance at 57.1
• Recent 1H candles show increasing volume during upward moves at 50 USDT, supporting bullish momentum.
• Capital Flow: Strong net inflows in shorter timeframes (3.7M USDT in 1H, 7.17M in 4H) indicate growing buying interest, though 24H net outflow (-11.56M) highlights residual selling pressure.
Entry long $RIVER
• Enter on a confirmed break above 54.6 with volume support
• Alternatively, wait for a pullback to near 50.0 (psychological support) for better risk-reward.
Stop-Loss: 49.0-51.0 range
Target Price $RIVER : 57 (resistance) or higher, with next resistance at 61.7 as an extended target if momentum sustains.
Support me just Click below to Trade 👇 Cheers.
Support at 47.4 is critical; a break below may lead to a test of lower support 42.8
#river #riverusdt