#RIVERUSDT Descending channel ?River / USDTMEXC:RIVERUSDTCryptoAnalystSignal#RIVER The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key support zone in green at 2.97, and 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: 3.07 First Target: 3.09 Second Target: 3.14 Third Target: 3.18 Stop Loss: At the resistance zone in green Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.