RIVER just made a strong recovery move. Now price is at a decision point.
📍 Key Levels to Watch: 🟢 Support Zone: • 15.40 – 14.60 This area held the structure and triggered the rebound.
🔴 Immediate Resistance: • 17.80 Price needs a clean break and hold above this level. 🎯 Upside Targets: • 19.90 – 20.00 → previous breakdown zone • 23.80 → macro resistance ⚠️ Downside Risk: • Rejection from 17.80 may lead to a pullback toward 15.40 • Loss of 14.60 would weaken the recovery structure
Markets move between levels, not emotions. These zones will decide the next move.
💬 Which level are you watching: support or resistance?
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“ID Above $0.09 — Break Higher or Pull Back First?” 👀
ID just printed a clean 4H breakout candle after a long consolidation phase.
📈 What stands out: Strong volume expansion confirms the breakout Price pushed above the previous range high RSI is overheated, signaling strong momentum but short-term exhaustion risk
CLO has pushed deep into overbought territory, but the market structure remains bullish.
📈 Higher highs and higher lows are still intact 📊 Strong momentum often stays overbought longer than expected 🧠 The real test is whether buyers defend the 0.75–0.78 zone
Overbought doesn’t always mean sell. Sometimes it means strength.
👉 Is this a continuation setup or a healthy cool-down before the next leg?