$RIVER - Grinding Into Supply

has been grinding up from the lows and is now pressing into the anchored VWAP (from the major high). This is a key inflection area.

HTF Context
Clear downtrend structure overall, and value building between $10.5 to $14

Key Levels
Local resistance: $14
Major supply : $17.4 – $18.5
Mid-range support: $10.5
Range lows / high-volume node: $7

🔹 Bullish scenario:
Acceptance above $14 we could see it retesting the VWAP into $17.4–18.5 supply. That’s the real reclaim level to shift structure

🔹 Bearish scenario:
Rejection here at $14 will likely rotation back to $10.5. Lose this level and we’re probably revisiting $7

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

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