Holding support may trigger continuation Key Levels Strong Support: 70 – 72 Pivot Zone: ~78 Resistance: 88 – 90 View: As long as price holds above the strong support zone, buyers stay in control. A clean hold around the pivot zone can open the path toward the previous high area. Momentum continuation depends on holding higher lows. 🔴 Chart 2: Bearish Scenario Loss of support may extend pullback Key Levels Local Resistance: 88 – 86 Key Support: ~78 Major Support: 62 – 65 View: If price fails to hold the key support zone, weakness may continue. A breakdown below this area can push price toward the major support region, where buyers may attempt another defense. 🧠 Multi-Timeframe Insight Short-term: Volatility after a strong move, reaction at support is crucial Mid-term: Structure stays positive above major support Bias: Neutral → Bullish while support holds This is a personal market view, not financial advice. Market conditions can change quickly.
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$RIVER 🔵 Chart 1: Bullish Scenario
Holding support may trigger continuation
Key Levels
Strong Support: 70 – 72
Pivot Zone: ~78
Resistance: 88 – 90
View:
As long as price holds above the strong support zone, buyers stay in control. A clean hold around the pivot zone can open the path toward the previous high area. Momentum continuation depends on holding higher lows.
🔴 Chart 2: Bearish Scenario
Loss of support may extend pullback
Key Levels
Local Resistance: 88 – 86
Key Support: ~78
Major Support: 62 – 65
View:
If price fails to hold the key support zone, weakness may continue. A breakdown below this area can push price toward the major support region, where buyers may attempt another defense.
🧠 Multi-Timeframe Insight
Short-term: Volatility after a strong move, reaction at support is crucial
Mid-term: Structure stays positive above major support
Bias: Neutral → Bullish while support holds
This is a personal market view, not financial advice. Market conditions can change quickly.