RIVER saw a sharp drop after a strong upside move. The rejection from the top was aggressive, but price is now trying to stabilize after touching a key demand zone. This kind of move usually means the market is cooling down, not finished.
🔍 What the market is showing
Short-term (1H):
Heavy selling pressure already played out
RSI moved into lower range and is slowly recovering
Buyers are defending the lower zone instead of panic exiting
This hints at short-term relief attempts, not a straight dump.
Structure & zones:
Strong support: around 19–20
Major resistance: around 24–26
Upper rejection area remains near 32
Price respecting these levels keeps the structure valid.
⏳ Forward View (Multiple Methods)
Short term:
If support holds, price may attempt a slow bounce toward the mid-range.
Mid term:
Sustained trading above resistance can bring trend recovery.
Failure to hold support may lead to sideways consolidation instead of another sharp fall.
Tools used:
Price action, support–resistance, momentum behavior, RSI reaction.
⚠️ Reminder
This is personal market observation, not financial advice.
Always manage risk and plan your trades carefully.#WriteToEarnUpgrade
