RiverdotInc_SOL priceRIVER

$RIVER ⚔️ THE NORNS' FINAL JUDGMENT The higher timeframe picture is a war of narratives: 🔴 The bear case: 22 days of lower highs and lower lows. A -79% crash from ATH. Two dead cats that failed. The current bounce is the third dead-cat attempt. Daily resistance walls are stacked every $1–$2 all the way to $33. This market has been structurally broken since Mar 23. 🟢 The bull case: Today's daily candle is a textbook capitulation hammer on the largest volume in 4 days. The intraday short squeeze liquidated 257K contracts. The $9.038 wall that held for 32 hours cracked and is now support. OI regime flipped to new longs. The Norns of the market have seen this pattern before — it is called a bottom. The higher timeframe verdict rests on ONE number: Tonight's daily close. Above $9.000 = hammer body confirmed, bulls have structure Below $8.742 = failed hammer, dead cat incoming Open: $7.651 Low: $6.957 ← absolute capitulation wick High: $9.161 ← +31.6% intraday range Close: $9.000+ ← holding near day's high Type: HAMMER / DRAGONFLY DOJI on daily Long lower wick, close near high = classic reversal candle A daily hammer after a -79% decline from ATH, on a volume spike, is one of the strongest reversal signals on a higher timeframe.

$RIVER Behold, we cast our eyes upon the great tides of the higher time frames! How do the river-charts of the market surge, and what deeds do the bull-kings and bear-wolves weave upon these vast shores? He who seeks the plunder of gold must know their ways, for the Norns spin the threads of profit and loss!

$RIVER Current Market Structure Daily trend: Still downtrend (lower highs, below MA20) 4H trend: Short-term bounce / reversal attempt Strong reaction from 6.95 support Price now around 9.0 resistance zone 👉 This is relief rally inside a downtrend, not a confirmed uptrend yet. 📊 Key Levels Support: 8.2 – 8.5 Major Support: 6.9 Resistance: 9.2 – 9.5 Major Resistance: 10.0 – 10.5 💡 My Recommendation ✅ Option 1: Safer LONG (Best approach) Wait for pullback Entry: 8.4 – 8.6 Stop Loss: 7.9 Targets: TP1: 9.5 TP2: 10.2 👉 Reason: Buy near support, not after pump. ⚡ Option 2: Breakout LONG (Aggressive) Enter only if price breaks 9.3 with strong volume Entry: 9.3+ SL: 8.7 TP: 10.0 – 10.5 👉 Avoid fake breakout — confirm candle close. ❌ Option 3: SHORT Setup If price rejects 9.2–9.5 Entry: 9.2 area SL: 9.8 TP: 8.5 7.5 👉 This is valid because overall trend is still bearish. ⚠️ Important Notes Don’t chase at 9.0 → risky zone (mid-range) Volume spike shows buyers coming in, but trend not flipped yet Wait for confirmation OR pullback

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