#Gate蓝龙虾重磅上线 $RIVER Signal】Pullback to buy! 1H retest of EMA20 confirmed, main force clearly protecting the market



After experiencing a 31% surge, the 1H timeframe is undergoing a healthy retracement and consolidation. The current price is supported near the 1-hour EMA20 moving average, and the 4-hour timeframe remains above EMA50, indicating that the upward trend structure is intact. The key point is that, despite the price pulling back from the high, the open interest remains stable, with no signs of large-scale capital outflows, suggesting that the main force is still holding the position. The buy-side depth is significantly thick, providing a solid buffer for the price. The 1H RSI has retreated from overbought territory to a healthy zone, preparing for the next upward move.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 13.514 - 13.718

🛑Stop Loss: 13.514

🚀Target 1: 14.535

🚀Target 2: 14.944

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, consider moving some of the remaining position to a trailing stop to seek greater gains.

$RIVER Depth Logic: The first deep retracement after a surge is an excellent opportunity for a second entry. Stable open interest indicates this is not a main force dump but a shakeout of weak hands. The 1-hour RSI has fallen from high levels to 66, releasing overbought pressure, and the buy-side depth remains strong below, showing excellent support. Coupled with the 4-hour EMA50 support, this is a high-probability low-entry point. (

Check real-time market 👇 )
---

Follow me: Get more real-time analysis and insights on the crypto market! $RIVER
$BTC $ETH
BTC-1,63%
ETH-2,02%
SOL-2,27%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin