$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