$RIVER /USDT
Given Data
MA7 24 94
MA25 24 85
MA99 25 25
#RSI 6 33 45
Neutral
#Trend Analysis Moving Averages
MA7 MA25 but both below MA99
▪︎Weak bullish short term inside overall downtrend☆Structure
Short term slight recovery
Higher timeframe still bearish
☆ RIVER is known for high volatility after big pumps, so pullbacks are common
AInvest +1
Momentum RSI
RSI 33 near oversold
☆ Market is weak but approaching reversal zone
☆ Bounce probability increasing
Market Structure
Trend Mixed bearish overall small recovery
Momentum Weak ☆ Possible bounce but not strong yet
#KEY Levels
Support
24 0 23 5
Strong 22 0
Resistance
25 3 MA99
27 0 breakout zone
#Trade Setup
☆Primary Setup LONG Bounce Trade
Entry 23 8 24 3
Take Profit:
TP1 25 3
TP2 20
Stop Loss 22 5
☆Reason
RSI near oversold
Support holding
Short-term recovery
☆Secondary Setup SHORT Safer Trend Trade
Entry 25 3 26 rejection at MA99
Take Profit
TP1 23 8
TP2 22 5
Stop Loss 27 2
☆Reason
Overall trend still bearish
MA99 acting as resistance
☆Strategy
If price breaks 25 3 with volume LONG continuation
If rejected at MA99 SHORT
Final Conclusion
Market Recovering but still weak
RSI Near oversold
Best move: Quick LONG bounce OR wait for rejection SHORT
Extra Insight:
RIVER is a high risk high reward token with sharp moves due to speculative trading and strong funding activity
CoinStats
