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📊 RIVER 1h Technical Overview
💰 Current Price: 16.311 ( Down 9.31% from trend start )
📈 Trend: 🔥 Bearish trend continues to accelerate | 18K candles have been formed
🎯 Tracking Line: 17.216 ( Dynamic stop-loss reference )
Key Levels:
Support 16.081 / 13.943 / 11.800
Resistance 16.699 / 17.303 / 17.800
Strategy: The price is testing the first resistance at 16.699, with the upward trendline at 17.216 acting as a strong resistance. The bearish trend is evident; any rebound near the 17.2 area presents a potential high short opportunity✈️.
Risk: If the price surges strongly and stabilizes above the trendline, it will break the current downtrend structure, warning of a potential trend reversal.