$RIVER Signal】Pullback to buy, main force's support intention fully exposed


$RIVER 1H timeframe is consolidating at a high level around 17.55, the 4-hour MACD histogram continues to shrink but remains above zero, indicating bullish momentum has not exhausted. Market depth data is very interesting; buy orders are extremely dense in the 17.55 to 17.54 range below, forming a solid wall of funds, while sell orders above 17.56 are sparse. This depth imbalance usually indicates that the main funds are actively defending the price to prevent a deep pullback.

🎯Direction: Long

⚡Entry/Orders: Layered entries in the 16.24 - 16.66 range

🛑Stop Loss: 15.68

🚀Target 1: 20.57

🚀Target 2: 22.53

🛡️Trade Management:
- Execution strategy: After reaching the first target, reduce half of the position and move the stop loss to the entry price. Hold the remaining position to aim for the second target. If the price pulls back and breaks below the moving stop loss, exit all positions.

Position remains stable; after a large intraday rally, there is no panic selling, indicating good chip locking. The 1-hour RSI has fallen back from overbought territory to around 67, providing healthy space for a correction.
Combined with the middle band support of the 4-hour Bollinger Bands and dense buy orders below, the risk-reward ratio in this pullback zone is very clear, making it a good opportunity for layering.

Check real-time market 👇 $RIVER
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