2026-03-03 04:13:31

$RIVER Retracement Played Out Perfectly

As discussed earlier, we expected a pullback into the $14 – $13 region before continuation.

Price respected that zone cleanly.
If you entered in that region, you’re already sitting in profit. 💰

Currently trading around $14.86 and building pressure again.

Our primary target remains $16.

But here’s the smart management plan:

• You can start booking partial profits here
• Or wait for a push toward $15.2 (we’ve already seen two rejections there yesterday)
• After partial booking → shift SL to entry to make it risk-free

This locks gains while keeping upside open.

🔥 Key Levels to Watch

$15.2 → Minor intraday resistance (multiple rejections)
$16 → Major supply zone + strong breakout level

If price breaks $16 with strong volume expansion and holds above it, momentum acceleration could open the door toward $20 next.

But remember — breakout must come with volume.
No volume = fake breakout risk.

No love = No likes / comments on posts 😅

#GateLanternFestivalRedPacketGiveaway

CryptoSat

2026-03-02 08:32:29

$RIVER Showing Strength After Massive Recovery

$RIVER made an impressive comeback from $7 → $15, and currently trading around $14.5. That’s more than a 2x move in a short period — clear bullish momentum in play.

Now the key question: What’s next?

I’m watching the $16 zone very closely.
Why?
• Strong horizontal resistance from previous rejection
• Confluence with 4H MA200
This area could act as the next major supply zone.

Before testing $16, a healthy pullback wouldn’t surprise me.

📉 Possible retrace levels:
• $14
• $13.5 – $13

As long as price holds the $12.25 – $13 demand zone, the structure remains bullish. Losing that zone weakens momentum significantly.

🔎 On lower timeframes:
• 15m MA200 is acting as dynamic support
• 1H MA25 continues to push price upward

These moving averages are currently guiding short-term trend direction.

🎯 TRADING Plan: If you’re holding longs, maintaining SL around $12.2 keeps risk controlled.
Above that, trend bias remains bullish toward $16

Momentum is strong — but levels matter.
Watch reactions, not emotions.

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