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$RIVER RIVER Market Snapshot 🌊📊
RIVER is trading around 26.9, after a strong explosive move from the 16 area. This was a high-momentum rally, and now price is moving sideways near the highs, which usually means the market is absorbing profit, not collapsing.
On the 1H timeframe, price is holding well above key moving averages. Momentum indicators remain strong, although slightly overheated, which is normal after a sharp run.
Short-Term View (1H)
Trend is strongly bullish
Small pullbacks are being bought
Momentum is still active
Bias: Bullish, but short pauses are healthy
Mid-Term View (4H)
Clear trend reversal confirmed
Previous resistance flipped into support
Consolidation here can lead to continuation
Bias: Bullish continuation structure
What to Watch 👀
Holding above support → next leg higher
Rising volume → trend strength
Sharp rejection near highs → short-term pullback
Loss of support → deeper correction risk
Final Note:
This is a personal market view, not financial advice. Always manage risk and trade responsibly.