$RIVER - Ready for Another Leg Up?

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RIVERUSDT had a clean breakout from the multi-week range around the $6.90-7 zone and is now consolidating just below the next resistance cluster around $7.90-8.40. Volume also started picking up again after the breakout, which is a good sign for continuation.

Price is still holding above the breakout area at $7, and now retesting its second level of resistance. I think if price can still hold this zone, there’s a chance we tap the $8.50-9 range, or even extend toward $10 where the higher timeframe supply sits.

Main support remains around $6.90-7.00. Losing that level would likely send price back into the previous range around mid-$6s.

Aviso legal

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