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$RIVER (River) Technical Analysis: Consolidation Near Local Support 📉
Entry Zone: $10.55 – $10.75
Bullish Above: $11.00
Target 1 (TP1): $11.20
Target 2 (TP2): $11.45
Target 3 (TP3): $12.00+
Stop Loss (SL): $10.30
$RIVER is currently navigating a short-term cooling-off phase on the 15m chart, trading at $10.708 with a daily decline of -5.57%. After reaching a 24h high of $11.427, the price faced rejection and retraced toward its daily low of $10.553. The current price action shows the asset attempting to stabilize and form a base near the $10.70 level.
The 24h trading volume for RIVER is recorded at 8.17M RIVER, totaling approximately $89.28M USDT. This significant volume indicates active participation despite the recent pullback. For a potential trend reversal, $RIVER needs to reclaim the $10.90 resistance zone; failing to hold the current support could lead to a deeper retest of the $10.50 area.
#RİVER #GateSquareAprilPostingChallenge