📈 $RIVER Technical Snapshot – Momentum Shift in Play?
After a steep drop from the 31.47 high, RIVER/USDT is showing signs of recovery across multiple timeframes. Here's what I'm seeing:
• 🔍 15m–1h charts: Price is forming higher lows, testing descending trendline resistance around 21.3. Volume is picking up, and MACD is curling upward.
• 📊 EMA structure: Still bearish overall, but EMA(7) is starting to flatten and cross up on lower timeframes.
• 💡 RSI: Recovering from oversold zones, now hovering around 40–46, suggesting early bullish momentum.
• 🔥 Key levels:
• Smart Entry: 19.20–19.60 (support zone)
• Breakout Entry: Above 20.20 (EMA reclaim)
• TP Zones: 22.30 / 28.60 / 31.47
• SL Discipline: Below 18.80 or 16.80 depending on risk appetite
This setup favors disciplined scalping or swing entries with tight risk management. Momentum is building—but confirmation is key. Watch for volume surges and EMA flips.
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