RIVER/USDT 1H Analysis – Falling Knife or Reversal Setup?

RIVER is currently down -12%, trading around 11.55, continuing its strong downtrend from the 24.07 high.

Let’s break it down 👇

📈 Trend Structure • EMA(7) < EMA(25) < EMA(99)

• Price below all EMAs

• Clear lower highs & lower lows

Momentum structure = strongly bearish

📊 Volume Selling pressure dominant.

No major bullish volume spike yet to signal reversal.

📉 Indicators • MACD → Below zero, bearish momentum active

• RSI → Around 13 (extremely oversold ⚠️)

• Stoch RSI → Near 0 (deep oversold)

This signals potential short-term bounce, but trend is still down.

🎯 Key Levels

🟢 Support: • 11.30 – 11.00 current zone

• 10.70 next psychological level

🔴 Resistance: • 12.30 (EMA25 zone)

• 13.50 (EMA99 zone)

🧠 Scenario Outlook

1️⃣ If 11.00 holds → possible relief bounce toward 12.30

2️⃣ If 11 breaks → continuation toward 10.70

3️⃣ Only above 12.30 with strong volume → trend reversal potential

⚡ Current bias: Oversold bounce possible, but overall trend still bearish.

No knife catching without confirmation. Let structure shift first.

#RIVER #CryptoAnalysis #TechnicalAnalysis