The currency $RIVER is currently experiencing very high volatility, and the direct price is now around $12.93, with a sharp decline of over 37% in the last 24 hours.

Based on the recent technical analyses available on Binance Square, here are the suggested points:

1. Entry Points:

First area (Near Support): between $15.00 - $16.50 (in case of a rebound).

Second area (Strong Support): between $12.50 - $14.50, which is considered better in terms of risk-to-reward ratio.

2. Take Profit Points:

First target: $24.80.

Second target: $26.50.

Note: If the price stabilizes above the $23 level, it may head towards testing liquidity levels at $25 and above.

3. Stop Loss:

It is recommended to place a stop-loss order below the support area at $11.90 or $21.90 depending on the trading strategy (short or medium-term) to avoid sharp price slippage.

RIVERBSC
RIVERUSDT
19.91
+17.86%