$RIVER is demonstrating powerful bullish momentum today, with a dramatic gain of over thirty seven percent in the past twenty four hours, reaching a current price of 17.975. After a strong rally that pushed the pair to a daily high of 20.106, the price is now taking a breath, consolidating just above the short term moving average at 17.751. The immediate challenge for buyers is the resistance posed by the twenty five period average near 18.114. A clean breakout above this level could reignite the uptrend, opening a path toward the recent peak around 20.00. This move is supported by massive trading volume exceeding seven hundred seven million USDT, reflecting deep market interest and conviction. An interesting counterpoint is the slightly negative funding rate, which indicates that shor$t position holders are paying longs. This can sometimes create conditions for a short squeeze if upward pressure resumes. The long term outlook remains firmly positive with price action holding well above the ninety nine period average. For the trend to continue, holding support at 17.75 is key, while a break below could signal a more significant pullback is underway.

RIVERUSDT

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