【$RIVER Signal】Long - 1H pullback confirmation, main force clearly intends to support the price

$RIVER The 1H timeframe experienced a 30% surge yesterday and is now in a healthy retracement consolidation phase. The price is supported around 11.20, with the 1H EMA20 (10.70) forming a strong dynamic support. Looking at the 4H level, the price has stabilized above all moving averages, with the trend shifting from down to up. The current pullback is an excellent second-entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 11.15 - 11.25 (Gradually enter near the current price)

🛑Stop Loss: 10.85 (Break below yesterday’s 4H low of 10.866, structure broken)

🚀Target 1: 11.80 (Previous high resistance)

🚀Target 2: 12.15 (Yesterday’s high)

🛡️Trade Management:

- Position suggestion: Standard position (Reason: 4H trend confirmed, 1H pullback structure clear, risk controllable)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2. If the price stalls near Target 1, consider taking full profit.

Deep logic: Market depth data shows buy-side depth (bid_ask_ratio_depth=1.18) exceeds sell-side. There are dense buy orders supporting the price in the 11.18-11.19 range below. Although OI trend appears stable, no significant decline after a sharp price increase indicates that long positions have not been massively profit-taken, suggesting the main force intends to push higher. The 1H RSI (60.81) has retreated from overbought territory to a healthy zone, preparing for further upward movement. Combining market logic indicating “price rising, consider position volume to determine if main force is entering,” the current pattern leans more towards a healthy correction after main force accumulation.

View real-time quotes 👇 $RIVER

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