#RIVERUSDT Descending channel ?River / USDTMEXC:RIVERUSDTCryptoAnalystSignal#RIVER The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key support zone (in green) was found at 5.64. The price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 6.37 First Target: 6.592 Second Target: 6.877 Third Target: 7.1363 You can close at the second target or wait for the third target to be reached. The choice is yours. Stop Loss: At the resistance zone (in green). Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.