$RIVER We explain what exactly happened here in RIVER/USDT based on what is visible on the chart 👇

(Technical analysis only)

📉 What did the price do?

1️⃣ There was an upward trend

The price rose from the bottom to 17.80

It was working above the Middle Bollinger (MB) = healthy trend

2️⃣ A reversal occurred

When it reached 17.80, it faced strong rejection

It started to drop and broke:

❌ MB of Bollinger (15.11)

❌ The averages

➡️ This break means:

The upward trend has temporarily ended and we have entered a correction / decline

📊 Indicator readings

🔴 Bollinger Bands

The price is now close to the lower limit (12.50)

It hasn't given a strong rebound yet

🔴 MACD

Clearly negative

The histogram is red ➜ downward momentum

🔴 RSI (6)

30 ➜ close to being oversold

Meaning: the decline has weakened, but it's not a confirmed buying signal

⚠️ Volume + OBV

Volume is low

OBV is not rising ➜ there is no money entering now

What is the market doing now?

The closest scenario:

📉 A downward correction after a strong upward wave

🟢 Where to buy? (If you want to buy)

❌ Don't buy now in the middle

✅ Buying should only be at support

📍 Potential buying areas:

12.80 – 12.50 (the lower limit)

With the condition:

A rebound candle

RSI rises above 30

⛔ Stop loss:

Below 12.20

🔴 Where to sell? (If you are in)

📍 Sell on rebound:

14.50 – 15.10 (previous MB = resistance)

📍 Stronger sell:

If it returns close to 16.0 and shows weakness

🧠 Summary

What happened here is a natural correction after the Pump

The trend is now short-term downward

Buying requires patience

Selling should be at rebounds not at the bottom

$RIVER