$RIVER Technical analysis of RIVERUSDT (1H) Current price: 6.9430 USDT (+2,76%) Situation: RIVER is in a strong short-term uptrend. The price has just broken out of the accumulation area of 6.6 - 6.8 and pushed to a 24-hour high of 6,972. Currently, the price is consolidating near the peak. Indicator: • The price is above all MAs, indicating that the upward momentum is still dominant. • MA5 (6.893) and MA10 (6.818) are supporting well right below. • Volume increases when the price goes up, positive signal. Support - Resistance: • Resistance: 6.97 - 7.00 (near target) • Support: 6.82 - 6.75 (MA10 & MA20) Review: RIVER is having a clear bullish momentum on the 1H frame. The possibility of continuing to increase to the 7.0+ area if it remains above 6.82. On the contrary, losing 6.75 will be a weak signal. Recommendation: Follow breakout 6.97. Strict risk management, only trade with support volume.