RIVER is moving through an extremely volatile recovery phase after one of the sharpest corrections seen on the chart.
• Price is currently holding around $23.08, up 25.49% on the day, reflecting an aggressive bounce but still far below the recent peak.
• The chart previously printed a parabolic high near $107, followed by a deep crash to $0.054, showing classic pump-and-dump style price behavior before this rebound.
• Liquidity sits near $1.5M against a $452M market cap and $2.31B FDV, signaling that relatively small orders can cause large price swings.
• On the 1-day timeframe, price remains well below the 9-EMA ($35.83) and 15-EMA ($37.71), confirming that the broader short-term trend is still technically bearish despite the bounce.
• Volume shows heavy sell pressure during the crash, followed by a smaller recovery wave as buyers attempt to re-establish support around the $23 region.
Overall, RIVER is not in a stable trend but in a high-volatility reaction zone. Momentum has returned short term, but structure remains weak unless price can reclaim the EMA region with stronger liquidity support.
