🔥$RIVER Bullish (Corrective Pullback within Uptrend)
• Price rejected from resistance 80.50 twice, forming a double-top pattern near 79.80. However, the broader structure remains bullish (higher lows since 53.6).
• Immediate support at 67.60 aligns with MA20 and BOLL mid-band, creating a confluence buy zone.
• Break above 80.50 could trigger acceleration toward next resistance 86.60
• Recent 1H candles show declining volume during dips, suggesting selling exhaustion.
Entry Long $RIVER : 67.6- 69.5 USDT (BOLL mid-band support confluence)
Stop-Loss: 64.0 USDT (below key support and accounting for ATR=4.5)
Take-Profit $RIVER : 80.5
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RIVERUSDT
Perp
43.65
-10.30%
🚨 Failure to hold 67.60 support could lead to deeper correction to 60.8.#river #riverusdt