$RIVER | Binance Market Insight
Market Overview
$RIVER$ has shown strong bullish momentum on the intraday structure, delivering an impulsive rally followed by a healthy pullback. Price is currently consolidating after testing a recent high, suggesting profit-taking rather than trend exhaustion. Overall structure remains positive as long as price holds above the key demand zone.
Key Support Zones
Primary Support: 66.10 – 64.80
Secondary Support: 58.40
Key Resistance Zones
Immediate Resistance: 79.80
Major Resistance: 81.50 – 83.00
Trade Plan
EP (Earn Profit): 72.80 – 70.50
TP (Take Profit):
TP1: 79.80
TP2: 83.00
SL (Stop Loss): 64.40
Outlook
Holding above the main support keeps the bullish continuation scenario valid. A strong break and close above resistance can open the door for further upside expansion, while loss of support would signal short-term weakness. Trade with proper risk management.
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