After a meteoric rise to an ATH of ~$89 in late January, $RIVER has entered a heavy correction phase. Currently trading in the $12 – $16 range, the charts are telling a story of high volatility and critical "make or break" levels.


​📉 Key Technical Indicators:

  • ​RSI (Relative Strength Index): Currently hovering around 36–41 on daily timeframes. While not yet in "deep" oversold territory (<30), it suggests the aggressive selling pressure is beginning to cool off.

  • ​MACD: The MACD remains below the zero line, confirming a short-term bearish trend. However, the shrinking red histogram bars hint at a potential bullish crossover if buyers can hold the line.​

  • Support & Resistance:

  • ​Major Support: $12.50 – $13.00 (The psychological floor).​

  • Immediate Resistance: $18.50 – $20.00. A daily close above this zone is needed to flip the narrative.

  • ​Stochastic RSI: Showing oversold signals (<20), which often precedes a "relief rally" or technical bounce.

​⚠️ The Risk Factor:

With 94% of supply concentrated in a few wallets and a low volume-to-market-cap ratio (~10-11%), $RIVER is prone to "gap downs" or sudden spikes. It’s a high-reward play, but the liquidity is thin—trade with caution!



​💡 Strategy: Watch for a "Double Bottom" formation near $12.50. If volume spikes while the price holds this level, it could be the signal for a trend reversal toward the $23+ targets.

​💬 Community Poll:

Are you:

1️⃣ Accumulating at these levels? 💎

2️⃣ Waiting for a confirmed breakout? 👀

3️⃣ Staying away until volatility drops? 🛡️


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