$RIVER ‌RIVER Cooling Down After a Big Run 🌊


Strength tested, market taking a breath
RIVER moved very fast recently and made a strong top. After that, price pulled back and is now moving slowly in a tight zone. This usually shows the market is calming down after excitement.
What the chart tells in simple words:
Strong pump → profit booking started
Price is trying to stabilize near support
Volatility is lower compared to the peak
Short-term view (1H timeframe):
Momentum is weak but not dead. If price holds this area, a small bounce is possible. If it fails, sideways movement may continue for some time.
Mid-term view (4H timeframe):
Trend is still positive compared to the past. As long as price stays above the previous base, this looks like a correction, not a full reversal.
My personal outlook (not advice):
Holding support → slow recovery possible
No support → more consolidation
Market looks cautious, not panic-driven
This is only a personal market opinion, not financial advice. Always manage your own risk.
post-image
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt