$RIVER is going through a serious correction phase 🌊⬇️
Price is down ~35%, and the chart clearly shows momentum has shifted bearish. On the 1H timeframe, price is trading below MA7 and MA25, with MA25 acting as dynamic resistance. That tells me sellers are still in control for now ⚠️📉
What’s interesting though is the reaction near the $53–55 zone. Buyers stepped in with a visible bounce and volume picked up, suggesting this area could be a short-term demand zone 👀📊 Not a reversal yet, but definitely a level worth watching.
As long as $RIVER stays below the mid-range MAs, rallies may face selling pressure. A reclaim of $62+ would be the first signal of strength returning 💪🔥 Until then, patience > prediction.
Corrections like this shake out weak hands and reset the structure. The next move will decide whether this is just a bounce… or the start of a recovery 🧠⏳
Not financial advice. Just my chart-based view.
#RIVER #CryptoCorrection #MarketStructure #Altcoins #priceaction 📉📈