$RIVER

RIVERUSDT is currently moving in the 18.7 range with a strong daily rise. After previously reaching a high of 23.877, the price underwent a healthy correction and is now forming a consolidation phase below, just above a key support zone.

In terms of price structure, there is potential for a base formation. Candles are beginning to stabilize above MA99, while MA7 is starting to rise and attempting to break through MA25. This indicates weakening selling pressure and a gradual return of buyer control.

From a volume perspective, trading activity has declined during the correction, indicating not a large distribution but rather a cooling-off phase before the next move. If volume increases again as the price breaks through the 18.9–19.2 range, the likelihood of a continued rebound will strengthen.

Momentum indicators support the recovery scenario:

MACD is beginning to trend upward, and the histogram is thinning → a sign of potential short-term bullish reversal.

RSI at 54 shows neutral–bullish momentum, still with room to rise.

Stoch RSI is approaching the overbought area, signaling buying pressure, but a small pullback should be monitored.

Key areas to watch:

Strong support: 17.8 – 18.0

Near-term resistance: 19.2 – 20.0

Extended resistance: 21.8 – 23.8 (supply zone after the spike)

Conclusion:

RIVERUSDT is in a rebound phase following a correction, with improving structure. As long as the price holds above the 18.0 support, the potential for further upward movement remains open. However, since Stoch RSI is already high, the movement is likely to be gradual rather than explosive.

⚠️ Always monitor price reactions at resistance levels, and risk management is strongly recommended due to high volatility.