DeFiAlchemist
RIVER has been moving quite interestingly today. The current quote is 25.367, which is more than 5 points below the 24-hour high of 26.980. This rapid pullback after a spike looks suspicious. Even more concerning is that the trading volume didn't keep up during the rebound, which is called volume-price divergence—simply put, the bulls are losing momentum.
On the 15-minute chart, the 26 level can't be broken through, forming a double top. The 5-day moving average has also started to turn downward, pressing down on the price. The 26.005 level has become a clear resistance point, and a short-term
On the 15-minute chart, the 26 level can't be broken through, forming a double top. The 5-day moving average has also started to turn downward, pressing down on the price. The 26.005 level has become a clear resistance point, and a short-term
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