🚨 RIVER | Is the rise sustainable or a short-term movement?
The RIVER token has seen a strong increase over a short period, with the price jumping over +24% in a limited time 📈
But is this the beginning of a real upward trend or just a quick movement?
🟡 Important notes on the current movement:
• 🚀 Sharp and sudden rise during one candle
• 📊 RSI indicator surpassed 90 → Clear overbought condition
• 💧 Liquidity is still limited compared to the strength of the surge
• 🔥 The movement seems driven by excitement (FOMO) more than accumulation
⚠️ What does that mean?
• The current movement is short-term
• High probability of correction or profit-taking
• Late entry carries high risk
🧠 The closest scenario:
• Price correction or strong volatility
• Then reevaluation of the trend based on consolidation and volume
✅ Summary:
RIVER is suitable for quick speculation only at the moment
And not a safe option for investment entry right now
Waiting for stabilization is always a smarter decision ⏳
❓ In your opinion:
• Are we witnessing a correction soon?
• Or a new surprise and continued rise?
👇 Share your opinion in the comments
#crypto #RIVERBlast #Binance #DYOR $RIVER