RIVER is trading near 13.6 after a sharp pullback, showing early signs of a short-term bounce from the recent low around 12.8. Volume has slightly improved, suggesting buyers are stepping in, but overall structure is still cautious below the higher moving averages.
$RIVER – Capitulation Phase in Play Market Overview RIVER has entered a deep correction, reflecting panic selling. This type of move often precedes either a strong dead-cat bounce or a base-building phase. Key Levels Support: 20.00 – 21.50 Resistance: 26.80 – 30.00 Trade Setup EP: 21.80 – 22.50 SL: 19.60 TO: 26.80 → 30.00 Short-Term Insight Relief rallies are possible but should be traded cautiously with strict risk control. Long-Term Insight Only sustained acceptance above 30 will signal trend reversal. Until then, expect consolidation and volatility.