$RIVER 1-hour chart, alert triggered! ⚡

The bearish trend is showing cracks. After a violent rebound of over 17%, the price has re-claimed the critical trailing stop line (now at 13.616). More importantly, the MACD has shown a strong bullish divergence!

This indicates that the downward momentum is weakening, and the bulls' rebound may not be just a bounce. The current price is sandwiched between the trendline and a strong resistance at 17.8, making the situation delicate.

Old bears, don’t sleep too soundly! This retracement has already shown early signs of a potential trend reversal. Keep a close eye on whether the price can hold above the trendline, as this will be a key battle to determine the short-term direction. 🔥