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Hxlaw
Hxlaw
$RIVER RIVER price is currently trading at 7,561 USDT, up +3.34% in 24 hours. On the 1D frame, after a long period of decline, the price bounced sharply from the bottom of 5,631 and broke out above all short-term MAs (MA5: 7,031, MA10: 6,672, MA20: 6,526). Today's green candle shows that the buying force is dominating, pushing the price closer to the strong resistance area of 7,960. The short-term MA lines began to turn upwards, signaling a positive short-term trend. Volume also increases well in this recovery rhythm. Reasonable purchase point: 7,300 – 7,550 Take-profit: 7,960 → 8,500 Stop-loss: less than 7,000 Overall, RIVER is having a strong short-term recovery signal. Investors can consider opening a buy position with strict risk management, prioritizing profit-taking gradually when approaching the resistance area of 7,960.

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