$RIVER Update: Reset, Not a Reversal 🔄
After hitting a fresh ATH near $26.9, $RIVER did not crash — it simply cooled down, which is completely normal after a strong vertical pump.
What we are seeing now looks more like healthy profit-taking, not panic selling. Strong trends always pause to breathe, and that’s exactly what’s happening here.
Price is currently pulling back into a key support zone around $24.5 – $24.0. This area is important because it aligns with previous demand and keeps the overall market structure intact.
As long as #RİVER holds above $23.5, the bullish trend remains valid and the uptrend structure stays strong. This pullback is allowing the market to consolidate and rebuild momentum rather than overheating.
If buyers defend this support, $RIVER can regain strength and make another attempt toward $26.9, with potential for new highs beyond ATH.
A deeper correction only becomes a concern if price breaks below $23.5 with strong selling volume. Until then, the bias remains bullish.
🧠 Crypto Logic Square
ATH reaction: Healthy cooldown, not a dump
Current zone: $24.5 – $24.0 (key support)
Bullish invalidation: Below $23.5 with volume
Market structure: Higher highs & higher lows intact
Outlook: Consolidation → continuation
Conclusion:
This is a reset, not a reversal. Smart money uses these pullbacks to position, not panic. Patience here can pay off if support continues to hold.
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