$RIVER /USDT – Perp | Technical Analysis (Binance)

Current Price: 26.97

24H Change: +42.61%

High / Low: 29.14 / 18.20

Market Condition: Strong impulsive pump → extended & overbought

🔍 Market Structure

RIVER has printed a parabolic bullish expansion after breaking above the 18.20 base. The move is aggressive and volume-backed, but price is now deep into premium supply, showing signs of exhaustion near 28–30 resistance.

This type of vertical move typically invites profit-taking and mean reversion, especially on lower timeframes.

📉 Bias: SHORT (Pullback / Correction Setup)

Price