After a huge rally $RIVER has been correcting and now sitting near a strong historical support. This area acted as resistance before now turning into a decision zone. If this level holds, a bounce towards 12–15$ is very possible.... But if it breaks cleanly, more downside liquidity will open. This is one of those high-risk high-reward zones. Either reversal starts here… or real capitulation begins.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
Ordi12Sold
· 7h ago
The pattern has been there for a while; it just needs a spark. The selling pressure above is quite strong all of a sudden.
$RIVER holding a critical zone.....
After a huge rally $RIVER has been correcting and now sitting near a strong historical support.
This area acted as resistance before now turning into a decision zone.
If this level holds, a bounce towards 12–15$ is very possible....
But if it breaks cleanly, more downside liquidity will open.
This is one of those high-risk high-reward zones.
Either reversal starts here… or real capitulation begins.