🔥 $RIVER Outlook: Bullish with potential for a near-term pullback.

Kline data reveals significant volume spikes (5.9M) during recent upward moves, reinforcing the bullish trend. However, the latest kline shows reduced volume, indicating potential consolidation or a minor reversal.

Capital Flow: Contract net inflows are positive across most periods (e.g., 4H: 16.5M, 12H: 17.1M), signalling strong buying interest. A 24H net outflow (-3.998M) suggests some profit-taking, aligning with overbought signals.

Entry Long $RIVER:
Option 1: On pullback towards support levels near 23.26 (MA5) or 21.58 (MA10).
Option 2: Wait for a confirmed breakout above the Resistance level at 28.11 with high volume.

SL: If entering at 23.26, place SL at 22.45.

TP: Aim for 28.11 (Resistance 1), with the next resistance zone at 30.74.

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(RIVERUSDT)

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