#TraderAlert RIVERUSDT looks mad right now, pure volatility and momentum on the chart.
Price is trading around 49.01 after a strong expansion move.
Today’s high: 50.80
Today’s low: 28.88
That’s a massive range in one session, shows aggressive participation and panic to momentum shift.
Bollinger Bands are fully expanded
Upper band around 49.56
Mid band 47.30
Lower band 45.03
Price is holding above the mid band, which keeps the short-term bias bullish. No mean reversion yet.
RSI(6) is around 63.6
Not overbought but clearly strong. Momentum cooled a bit after the spike, now stabilizing which usually means continuation or range before next leg.
Volume exploded on the impulse from sub-30 area, then normalized. That’s healthy. It means smart money already entered and now letting price breathe.
Structure wise
28.8 was a clear capitulation low
Price impulsed to 50.8
Now consolidating between 47 – 50
As long as 47 holds, bulls stay in control.
A clean break and hold above 50.8 opens the door for 55 → 60 extension. Liquidity above is obvious.
If price loses 45, then expect a deeper pullback toward 42 – 40, still higher low structure.
Summary
Trend: bullish
Momentum: strong but controlled
Volatility: extreme
$60 is possible only after reclaiming 51 with volume, not before.
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