$RIVER ‌RIVER saw a strong upside move earlier, topping near 29, but the momentum couldn’t hold. Price has now dropped sharply and is trading around the 22.8 area, showing clear short-term weakness.

This drop came with strong selling pressure, which means the market is now in a cool-down phase, not panic yet.
🔍 Short-Term View (15m – 1h)
Price is below all short EMAs, showing bearish control
Momentum indicators are weak but nearing oversold
22.3–22.0 is a critical support zone
A small bounce can happen here, but confirmation is needed.
⏳ Mid-Term View (4h)
Previous uptrend is broken
EMA zone around 25–26 is now strong resistance
Recovery will be slow unless buyers step in with volume
🔮 Possible Scenarios (Personal Opinion)
Bounce Scenario:
If 22.0–22.3 holds, price may attempt a relief move toward 24.0–25.0.
Bearish Continuation:
If 22.0 fails, price could slide toward 20.5–19.8 before finding stability.
🧠 Final Thought
RIVER is no longer in hype mode. This is a risk-sensitive zone, good for observation, not emotion. Let the market show direction first.
This is my personal market view, not financial advice. Always manage risk and make your own decisions.