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Observing the recent trend of RIVER, some interesting market dynamics can be seen. This coin previously experienced a rebound despite a drop of up to 1/8 from its high point, which indicates that there is indeed strong buying support behind it.
Although there was a high-level oscillation and pullback last night, the key point is that the gains were not completely wiped out, and this detail is very important. Today, the daily chart continues to close higher, and it has been rising for nearly a week, with technical signals appearing quite clear.
From a trading perspective, the current price is around 5.14, which can be considered as an entry point. If you want to participate in this wave, setting a stop-loss below 4.685 would be more prudent to handle possible extreme volatility. As for the target, you can focus on the 6.07 level in the near term. If it breaks through smoothly, then the previous high of 8.5 becomes the next point of interest.
Overall, the short-term technical framework remains quite clear. Interested traders might want to pay attention to the subsequent movement of this coin.