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🚀 $RIVER Momentum: Pushing Toward Yearly Highs
Price is currently trading at $0.003986, maintaining a steady +2.94% gain over the last 24 hours. After establishing a firm support base at the daily low of $0.003716, RIVER has initiated a stable recovery trend, recently peaking at a local high of $0.004141. The bulls are successfully defending the $0.003900 level, signaling high conviction for a continuation of this upward move.
Long $RIVER (Trend Continuation Play)
Entry: $0.003920 – $0.004020
Stop Loss (SL): $0.003750
Take Profit 1 (TP1): $0.004350
Take Profit 2 (TP2): $0.004680
Take Profit 3 (TP3): $0.005100
Market Analysis
$RIVER is showing a highly constructive consolidation and base-building pattern on the 1h timeframe. Following a brief correction from its local high near $0.004141, the asset has established a solid support shelf, with buyers actively absorbing selling pressure near the $0.003926 level. The 24h turnover stands strong at $1.42M with a high trading volume of 358.55M RIVER, confirming thick liquidity and reliable engagement from market participants.
Technically, the price action is holding well above its structural floor near $0.003852. As long as this macro level remains intact, the primary bias stays firmly bullish. A clean close above the technical resistance block at $0.004050 would likely trigger an acceleration of momentum back toward the local high and onward to fresh multi-week targets. Conversely, a break below the $0.003750 invalidation line would negate this tactical view.
Trade $RIVER here 👇
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