RIVER Trades at $65.54 — Major Support Retest After Heavy Pullback
$RIVER is trading around $65.54, recovering after a deep correction. The chart highlights price sitting just above a key support zone, with traders watching for a potential rebound toward higher resistance levels.
Key Levels from the Chart 👇
Support $48.66: Major demand zone and the key level to hold.
Resistance $92.69: Primary upside target if momentum returns.
Macro Low $3.95: Extreme historical floor on the chart.
Market Structure 🔹
Price action shows a sharp sell‑off followed by stabilization above $48.66, keeping a potential reversal scenario alive.
The projection arrow suggests a possible climb toward $92.69 if buyers defend the support zone.
Holding above $48.66 is crucial for any bullish continuation.
📌 Outlook: RIVER is at a pivotal level — defending $48.66 opens the door for a move toward $92.69, while losing this zone would shift momentum firmly bearish.
