📊 $RIVER / USDT (1H) Analysis $RIVER
RIVER is currently retracing after a strong rally. Here are the key levels to watch:
Bullish Scenario: Support at $19.38 (23.6% Fib). Holding this level could trigger a retest of the $24.00 peak.
Correction Zone: If $19.38 breaks, look for entries at the $17.17 - $16.18 "Golden Pocket" (50% - 61.8% Fib) for a potential bounce.
Invalidation: A close below $14.78 (78.6% Fib) shifts the trend to bearish.
Targets: $24.00 | $26.50
Stop Loss: Below $16.00
What’s your move? Are you buying the dip or waiting for more correction?