$RIVER Pulls Back After Sharp Spike — Market Enters Consolidation Phase

$RIVER /USDT saw a strong impulsive move toward the 14.6 region, followed by a swift rejection that pushed price back into a corrective phase. The rejection indicates profit-taking near local highs, while the drop toward 12.5 attracted buyers and formed a short-term demand base. Price action since then shows reduced volatility, signaling that aggressive selling pressure has eased.

Currently, RIVER is consolidating around the 13.0–13.2 zone, forming a tight range on the 1H timeframe. Holding above the 12.8 support keeps the structure stable and allows for a potential retest of the 13.5–13.8 area. A clean break above this range could revive bullish momentum, while failure may extend sideways movement. Overall bias remains neutral with a slight bullish tilt as long as price holds above recent lows.