$RIVERUSDT | Chart Signal (15m)
Price saw a sharp sell-off from 31.15 → 14.40, followed by a bounce and now consolidating near 18.7. Momentum is weak but stabilizing.
Key Levels
Support: 18.0 – 17.5 (MA7 & MA25 zone)
Major Support: 16.8
Resistance: 19.7 → 20.5
Major Resistance: 22.5 – 23.7 (MA99 / previous high)
Bias
Short-term: Neutral → slight bullish bounce
Overall: Still bearish below MA99
Trade Ideas
Scalp Long: If price holds above 18.0 with volume → targets 19.7 – 20.5
Short Setup: If rejected below 19.7 or loses 17.5 → targets 16.8 → 15.0
Volume is declining, suggesting no strong trend yet. Wait for breakout or rejection confirmation before heavy positions.
⚠️ High volatility after -39% move. Use tight SL & proper risk management.
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