$RIVER


RIVERUSDT
Perp
19.5
+22.15%
RIVER saw a strong drop from the 18.8 area and is now trading around 16.1. After hitting the 15.0 support, price bounced but momentum is still weak. Right now, the market looks like it’s trying to stabilize, not reverse yet.
Short-Term Technical View (1H)
Price is below key moving averages
Trend is still bearish
Selling pressure has slowed, but buyers are not strong yet
This looks more like consolidation after a dump.
What to Watch Next
Support: 15.0 – 15.3
Resistance: 16.8 – 17.3
If price holds above 15, a slow move back toward 17 is possible.
If 15 breaks, downside risk opens again.
Multi-Timeframe Insight
15M: Short bounces possible
1H: Bearish but stabilizing
4H: Trend still weak, needs time to recover