$RIVER Showing Strength After Massive Recovery
$RIVER made an impressive comeback from $7 → $15, and currently trading around $14.5. That’s more than a 2x move in a short period — clear bullish momentum in play.
Now the key question: What’s next?
I’m watching the $16 zone very closely.
Why?
• Strong horizontal resistance from previous rejection
• Confluence with 4H MA200
This area could act as the next major supply zone.
Before testing $16, a healthy pullback wouldn’t surprise me.
📉 Possible retrace levels:
• $14
• $13.5 – $13
As long as price holds the $12.25 – $13 demand zone, the structur