Opportunity (Bullish 📈)
Short-term bullish momentum maintained: RIVER surged after its Coinone listing and continues to show institutional inflow potential. Its pairing with broader crypto resilience (BTC and ETH holding key macro support zones amid gold’s rally) forms a favorable environment for selective mid-cap growth tokens.
🚨 Risk (Moderate 🤔)
Near-term overextension risk: RIVER’s price already appreciated over 11% daily; RSI close to 80 across lower time frames implies profit-taking potential. Funding remains negative, signaling underlying market skepticism.
⚡ Action (Bullish 📈)
Buy the retracement near support: Current technicals favor gradual positioning on dips while managing volatility risk. Short-term entry should focus on exploiting liquidity-driven pullbacks, supported by BTC’s recovery and ETH’s network activity rebound.
