$RIVER
RIVERUSDT After +23% Move | Trap or Continuation? Read Before You Click Trade.
long position is good.
RIVER just exploded from the 16.3 zone to near 21.9 in a short time, pure momentum play
Price is now hovering around 20.8, sitting right on which is acting as short-term balance
EMA structure is bullish overall with above and far below near 17.7
That tells us trend strength is still intact, but short-term energy is cooling
shows no overbought condition, room exists but no free pump
MACD histogram is fading, meaning momentum is slowing, not reversing yet
Volume spiked on the impulse but is now normalising, classic pause after expansion
Market psychology here is split, late longs chasing, early longs taking partial profits
Key support zone is 20.2–20.4, as long as this holds, bulls stay in control
Clean break and hold above 21.2 opens the door to 22+ continuation
Lose 20.2 with volume and it becomes a short-term pullback, not a trend flip