$RIVER /USDT...Market Status Report
RIVER is currently in a post-correction recovery phase after a sharp sell-off from the 78–80 zone. Price found strong demand around the 55–57 support area, where selling pressure weakened and buyers stepped in aggressively. This level acted as a short-term bottom, leading to a steady rebound.
The recent candles show higher lows and improving bullish momentum, indicating a relief bounce rather than a full trend reversal at this stage. Price has now reclaimed the 63 level, which is acting as an important short-term pivot. Holding above this zone keeps recovery attempts valid.
Overall structure on the 1H timeframe remains neutral to cautiously bullish, but the broader trend is still under pressure due to previous lower highs. For a stronger bullish shift, price will need sustained acceptance above the mid-60s with follow-through volume. Failure to hold current levels could result in continued consolidation or another retest of lower support zones.
