๐จ $RIVER Trade Signal ๐จ
Asset: RIVER
Price: ~$18.6
Timeframe: 4H
Trend: Bullish Reversal โ Continuation
๐ Technical Breakdown:
โข Clear higher low structure after bottoming near ~$11
โข Strong V-shaped recovery with consistent green candles
โข Price reclaimed key $16โ17 demand zone and flipped it to support
โข Volume expanding on up-moves โ real buyers stepping in
โข MA(5) & MA(10) curling up โ momentum accelerating
๐ฏ Key Levels:
โข Support: $17.0 โ $17.5
โข Major Support: $15.8 โ $16.2
โข Resistance: $19.8 โ $20.2
โข Breakout Target: $23 โ $26 (previous supply / wick high)
๐ Trade Plan:
โข Entry: $18.0 โ $18.6 (pullback or continuation)
โข Add on breakout: Clean 4H close above $20
โข TP1: $20.2
โข TP2: $23.5
โข TP3: $26.0
โข Invalidation: 4H close below $15.8
๐ง Narrative / Flow:
Alpha rotation + strong recovery structure suggests continuation move not a dead-cat bounce. If BTC stays stable RIVER has room for expansion toward prior highs.
โ ๏ธ Risk Reminder:
Volatile asset โ scale entries secure profits respect invalidation.
๐ฅ Bias: Bullish above $16 | Momentum play above $20
$RIVER
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