RIVER rallies over 15% on breakout as traders watch the $7 level
RIVER climbed more than 15% over the past 24 hours, lifting its market cap back above $140 million and pushing to an intraday high of $7.77. The move followed a breakout from a month-long range after a drop to a year-to-date low of $4.33, with $7 now acting as a key area for bulls to defend. Derivatives and on-chain metrics pointed to both short-covering support and rising sell activity that could set up a pullback if price slips back below $7.