$RIVER
Who’s Really in Control Right Now?
Key support sits at 22.90–23.10 zone, as long as price holds above, shorts are at liquidation risk
Major resistance is 24.40, clean break and hold opens path toward 26+
Bias Long on pullbacks, not short.
Market psychology: late shorts are trapped, early longs are not exiting yet
RIVER just printed a strong impulse from the 18.08 low to 24.37, that’s not random, that’s aggressive dip absorption
clear short-term trend control by buyers
EMA below at 20.54, meaning this move is not a dead cat bounce, structure already flipped bullish
MACD histogram remains positive, momentum is cooling but not reversing, classic consolidation after expansion
RSI around 60 shows strength without overheating, buyers still have room before exhaustion
Notice how pullbacks are shallow and volume expands on green candles, that’s smart money defending levels
Trade smart. Follow structure, not emotions.