RIVER coin performed strongly in the past 24 hours, with a price increase of 40%, once again hitting a new all-time high. From a technical perspective, it has now broken through multiple moving averages, with MA5 to MA120 forming a standard bullish arrangement, and short-, medium-, and long-term moving averages moving upward in unison.

The RSI indicator has fallen from a high of 71 to around 66. This adjustment is not a sign of a top; rather, it resembles an air refueling at a high level— a typical feature of continuing upward momentum after a buildup. From a support level perspective, the 27.24 price range is critical, serving as the last barrier before breaking the previous high of 27.8. Once it effectively surpasses this level, upward pressure may gradually ease.

Multiple technical indicators are aligned bullishly. Although there is a short-term pullback, the overall trend remains upward, which is characteristic of a strong correction trend.