$RIVER USDT Perp is trading at 8.421 USDT right now. That’s a sharp drop of -28.87% in just 24 hours. The price in PKR is around Rs 2,352.74. The mark price is 8.419, showing it’s closely tracking the last traded price.
In the last 24 hours:
High: 12.331
Low: 8.102
24h Volume: 38.15M RIVER
24h Volume in USDT: 373.88M
This is not a small move. This is panic, pressure, and heavy selling.
On the 15-minute chart, the trend has been clearly bearish. We saw strong red candles pushing the price down step by step. From above 10, it kept sliding lower with small weak bounces in between. Sellers were in control most of the session.
But here’s the interesting part.
The price touched 8.102, and from there we saw a small reaction. A green candle appeared. Buyers tried to step in. It’s not a full reversal yet, but it shows that this level has some support. When volume is this high, every small move matters.
Short term picture:
Strong resistance near 8.86 – 9.29
Major resistance around 10+
Immediate support near 8.10
If 8.10 breaks again, volatility can increase fast
The market feels emotional right now. Fear is visible. When price drops almost 30% in one day, many traders panic. Some exit. Some get liquidated. Some wait quietly for opportunity.
This is the kind of market that tests patience. Fast moves. Big candles. High volume. No comfort zone.
If buyers gain strength above 8.50 and hold it, we may see a relief bounce. But if sellers return aggressively, the market could retest lows.
Stay calm. Manage risk. Don’t chase candles. Let the chart speak.
This is where discipline wins, not emotions.
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