RIVER/USDT's recent performance has attracted the attention of many traders. In this round of market, macro factors and market narratives are fueling the trend, and technical signals are becoming particularly intriguing. Looking at the 1-hour K-line, several important indicators are undergoing subtle changes, which may hint at the upcoming direction.



First, let's talk about the Bollinger Bands. This indicator has recently experienced a contraction and is now beginning to expand upward. The upper band is at 11.736, the middle band at 9.844, and the lower band at 7.953. The price is currently moving between the upper and middle bands, repeatedly approaching the upper band. What does a Bollinger Band contraction signify? It indicates extremely low volatility, with bulls and bears in stalemate, like the calm before a storm. The subsequent expansion suggests a new trend is about to start. Currently expanding upward, with the price still above the middle band—this shows that after the bulls break the equilibrium, they are indeed pushing higher.

But there is a key question: can the price stay above the 11.736 level? Once a volume breakout occurs and the price stabilizes above the upper band, the short-term upward space will truly open. Conversely, if it encounters resistance and falls back, a reassessment of the bulls' strength will be necessary. The MACD indicator's cooperation is also very important. Looking at the details, the divergence between the two lines will further confirm the authenticity of this breakout. Overall, the key to RIVER's performance in the coming days is whether it can effectively break through the upper band resistance, which will be a litmus test for the short-term trend.
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ProbablyNothingvip
· 8h ago
The Bollinger Bands opening upwards sounds good, but can the 11.736 level really be broken? It feels like another false alarm.
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FarmHoppervip
· 8h ago
The Bollinger Bands are playing tricks again; only if we can firmly cross the 11.736 hurdle will it count.
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DefiVeteranvip
· 9h ago
The Bollinger Bands are tightening and expanding again. How many times has this trick been played... The key level at 11.736 can't be broken, feels like it's going to drop again.
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