$RIVER
Many people are asking about $RIVER, here is an updated technical reading after a precise re-evaluation of the price structure:
RIVER is currently moving exactly as expected. The price has made a strong rebound from the demand zone, and it is now being maintained above the 18–19 range, a pivotal area reflecting clear buyer control, where any minor pullbacks are quickly absorbed.
As long as the price remains trading above the 16–17 support zone, the overall trend remains bullish. Limited pullbacks at this stage are healthy and natural, and do not signal weakness for careful traders entering positions.
From a technical standpoint, the upcoming upward zones are clearly visible on the chart, and with continued momentum, we can expect gradual and orderly progress toward higher levels.
Price targets:
TP1: 22.5
TP2: 23.7
TP3: 24.6
Stop loss (conservative): below 15.5
This scenario is suitable for timing traders and building positions, not a quick speculative trade.
Patience and risk management are the key elements here.
Let the price structure take its time, and stick to a disciplined trading plan.
More updates coming soon.