🚀 $RIVER Long Setup Alert, Bull Analysis
$RIVER /USDT shows a strong volatility dump from the peak followed by an aggressive bounce off the lows on the 1H chart. With price reclaiming the immediate bounce level, a move toward the mid-range resistance looks probable if the reclaim holds.
📊 Market Snapshot
Timeframe Analyzed: 1H
Current Price: 22.549
24h High: 31.473
24h Low: 20.255
Volume: 53.40M RIVER
📌 Key Levels to Watch
Support: 20.358, 20.255, 18.082, 17.412
Resistance: 23.304, 26.251, 29.197
🎯 Trade Setup
Entry Zone: 21.90 to 22.70
TP1: 23.304
TP2: 26.251
TP3: 29.197
SL: 20.10
⚠️ Invalidation
Setup invalid if RIVER closes 1H below 20.358 and fails to reclaim it quickly.
✨ Summary
High-volatility bounce setup. As long as price stays above the stated supports, the path toward 29.197 remains in play. Watch for a break and retest above 23.304 or volume expansion on the push into 26.251.
