$RIVER Signal】Pullback to add longs, 1H level buildup for another push


$RIVER 1H level rally and pullback, price retraces near the EMA20. The 4-hour Bollinger Bands are opening upward, and the price has broken above the upper band, but the 1-hour RSI has fallen from overbought 72 to a healthy zone. Buy order depth is clearly accumulating around 17.44, and selling pressure is being quickly absorbed.

🎯Direction: Long

⚡Entry/Order: Layered entries in the 15.72 - 16.12 range

🛑Stop Loss: 15.25

🚀Target 1: 19.60

🚀Target 2: 21.33

🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry point. Hold the remaining position to aim for Target 2.

Position size remains stable, funding rate is only 0.005%, with no signs of overheating. Although the 1-hour MACD histogram is contracting, the fast and slow lines are still above zero, indicating a healthy correction in the upward trend. The buy wall below at 17.44 to 17.43 exceeds 500 orders, clearly showing a bottom support intent. This risk-reward ratio of over 4 times makes it worthwhile to take a smaller risk to capture the next surge.

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