$RIVER

RIVERBSC
RIVERUSDT
15.79
-9.37%

Current Situation

Price: ~$15.74

Bollinger Bands

Upper: 20.10

Middle: 16.92

Lower: 13.73

RSI: ~47 (neutral zone)

MACD: Bearish but momentum is slowing.

Right now the price is below the Bollinger middle band, which means short-term bearish pressure.

📉 Bearish Scenario (More Likely Now)

If price fails to reclaim 16.90 resistance.

Entry (Short idea):

15.8 – 16.2

Take Profit (TP):

TP1: 14.80

TP2: 13.80

TP3: 12.50

Stop Loss (SL):

17.20

Reason:

Middle Bollinger acting as resistance

Lower band near 13.7 support.

📈 Bullish Scenario (If Breakout Happens)

If price breaks and holds above 17.

Entry (Long idea):

After breakout 17.1 – 17.3

Take Profit (TP):

TP1: 18.70

TP2: 20.00

TP3: 21.50

Stop Loss (SL):

15.90

Reason:

Bollinger upper band around 20

Previous swing high