🚀 $RIVER Surges 33% After Pullback — Bulls Target $70 if Momentum Holds 💰
After dipping to the $17 zone, $RIVER bounced strongly, climbing 33% and reclaiming its uptrend. Weak sellers were cleared, showing aggressive dip-buying, and the token is now in a key breakout area. If buyers stay in control, the $70 all-time high is back in focus.
About RIVER:
RIVER is building a chain-agnostic stablecoin system that lets users deploy collateral, liquidity, and yield across multiple blockchains without traditional bridges. Its main product, satUSD, is an omni-CDP stablecoin allowing assets to remain on their native chain while value moves freely, enabling leverage and efficient capital use without relocating funds.
Momentum Check:
Trading near $39 after a strong multi-week rally
RSI shows strong demand without being overbought
MACD signals trend continuation with bullish momentum
Price forms higher lows inside an ascending channel
Mid-channel support holding keeps the bias bullish. Derivatives data shows rising open interest, indicating more trader participation and leverage, which can amplify upside in a strong trend. Market sentiment remains cautious, often fueling continuation as sidelined traders chase the rally.
Price Outlook:
A break above $44 could trigger the next phase toward $70–$72
Losing structure may push $RIVER back to $28, invalidating the bullish setup
For now, momentum, structure, and positioning favor the bulls, though volatility remains high.
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