🔥 $RIVER My Bullish Analysis earlier today hit Exact TP at resistance level 19.30 👀
RIVER update: strong uptrend, but I gotta say, there's a bit of pullback risk lurking in the near term that we shouldn't ignore. For 1-hour trading timeframe I'm still bullish here. Don't chase it—wait for a dip.
The overbought RSI, KDJ, and %B are flashing red, plus that dried-up volume and minor outflows. But the core trend? Rock-solid with MAs lined up, MACD holding strong, and those massive inflows backing it. Any real pullback feels like a prime buy spot, not a flip to bearish.
Let's talk volume: That latest 1H candle? Super low after this big rally. It's like the price is screaming higher, but the volume's whispering—classic sign of divergence. No fresh buyers jumping in, which screams exhaustion to me.
On the capital flows side, institutions are all in. We're seeing a hefty 29.05M USDT net inflow over 24H, and it gets even better with 46.49M in 3D and 85.84M over 7D. Big players are bullish as hell. But zoom in short-term—5m at -94k and 15m at -165k—and you see some profit-taking kicking in at these peaks. Matches those overbought vibes perfectly.
Entries longs $RIVER : Skip current levels. I'd eye a pullback to that sweet support around $17.09 (S1) to $17.26 (MA20). If you're feeling bold, dip down to $16.20—old resistance now support, right near the lower Bollinger Band.
Stop-loss wise: 3-4% below wherever you jump in. Say you enter at $17.20, set it around $16.65. Fits the ATR of 0.797 and guards against a fakeout below MA20.
Targets $RIVER : Aim for a retest of the high up to Resistance zone at $20.10. If it keeps running, next resistance at $21.24 could be in play for the win.
#RİVER #RIVERUSDT