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$RIVER is showing signs of a potential "scam move" being prepared.
The current price is tightly compressed just below the resistance trendline, while the 200 EMA line is right above — forming an important technical resistance zone. This is often an area where false breakouts occur before the market chooses its true direction.
The activation zone for monitoring is between $6.75 – $6.95. If the price can break and hold above this zone, the structure will turn more positive and open the possibility for a strong acceleration.
📊 Notable scenario:
• Successfully reclaim the $6.75 – $6.95 zone
• Maintain closing candles above the trendline + 200 EMA
• Volume confirms an increase
If all these factors converge, $RIVER could enter a rapid upward move. Currently, the priority is to observe the price reaction at the reclaim zone before considering opening a position.
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