$RIVER
/USDT, we notice that the price is trying to stabilize after a sharp downward wave. Here is the analysis of the near targets based on the visible data:
Current situation:
Current price: 75.152.
Trend: The price is currently trading at a very critical area, which is the intersection with the moving average line MA(99) (purple) at 75.427.
Near targets (resistances):
To regain upward momentum, the price needs to break through the following levels sequentially:
First target: 75.427; which is regaining stability above the 99-day average.
Second target: 76.193; which is the moving average MA(7) (yellow line).
Third target: Area 78.263; where the moving average MA(25) (pink line) is located, and it is currently a strong resistance area.
Support levels (protection):
Near support: Level 71.990 which has appeared as a recent minor bottom.
Main support: Level 69.120; breaking this level could mean continuing the decline to lower levels.