:
$RIVER is finally waking up after a accumulation phase 😍
The 4Hr chart shows a clear story. After the heavy dump from 13.6 down to 7.06, price stopped making new lows and started building a tight base between 7.5 and 8.5. That sideways compression was accumulation — volatility dropped, selling pressure dried up.
Now we’re seeing expansion.
Current structure:
• Strong bounce from 7.06 (clear liquidity sweep)
• Higher lows forming consistently
• MA7 crossed above MA25
• Price reclaimed MA25 and is pushing away from it
• MA99 sits near 12 — major overhead magnet
Right now price is trading around 10.6 and momentum is clearly bullish. The recent candles show expansion with strong bodies and follow-through — not just weak wicks. That tells you buyers are stepping in aggressively.
The 11–11.2 zone is minor resistance, but the real target technically is MA99 around 12. That level has been acting as dynamic downtrend resistance for weeks. A push toward 12 makes structural sense.
As long as price holds above 9.5–9.8 region (recent breakout area), bullish continuation remains intact.
If momentum continues and volume supports it, 12 is not unrealistic at all.
Rejection below 9.5 would weaken this move.
The 4Hr chart shows a clear story. After the heavy dump from 13.6 down to 7.06, price stopped making new lows and started building a tight base between 7.5 and 8.5. That sideways compression was accumulation — volatility dropped, selling pressure dried up.
Now we’re seeing expansion.
Current structure:
• Strong bounce from 7.06 (clear liquidity sweep)
• Higher lows forming consistently
• MA7 crossed above MA25
• Price reclaimed MA25 and is pushing away from it
• MA99 sits near 12 — major overhead magnet
Right now price is trading around 10.6 and momentum is clearly bullish. The recent candles show expansion with strong bodies and follow-through — not just weak wicks. That tells you buyers are stepping in aggressively.
The 11–11.2 zone is minor resistance, but the real target technically is MA99 around 12. That level has been acting as dynamic downtrend resistance for weeks. A push toward 12 makes structural sense.
As long as price holds above 9.5–9.8 region (recent breakout area), bullish continuation remains intact.
If momentum continues and volume supports it, 12 is not unrealistic at all.
Rejection below 9.5 would weaken this move.
