Has #RİVER reached the bottom? A chance for observation! 👀
After a sharp drop from levels of $34, the currency $RIVER
RIVERUSDT
Perp
67.16
+23.23%
starts to show signs of a rebound from the strong support area at $16.12.
Current situation: the price is now $19.18 with an attempt to break the moving average MA7.
Technical outlook: we notice the formation of a "reversal candle" (Hammer-like) indicating liquidity entering at the bottom to cool off the price bleeding.
First target: return to test the level of $21.48 (MA25).