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【$RIVER Signal】Long + 1H Breakout Retest Confirmation, Main Force Support Intent Clear
$RIVER is currently in a healthy retest phase following a strong breakout at the 1H level, with price finding support above EMA20 and momentum remaining solid. The 4H level has formed a three-consecutive-bullish strong breakout structure with established trend. The current retest represents an excellent second entry opportunity.
🎯 Direction: Long
⚡ Entry/Pending Orders: 16.925 - 17.361
🛑 Stop Loss: 15.974
🚀 Target 1: 22.912
🚀 Target 2: 25.687
🛡 ️Trade Management:
- Execution Strategy: Upon reaching Target 1, reduce position by 50% and move stop loss to entry price. Track the remaining position against the 4H EMA20 as the trailing profit-taking line.
( In-Depth Logic: Price has surged nearly 30% within 4 hours, but open interest remains stable—this is not a short squeeze but rather sustained buying support from major capital. The 1H RSI is in a healthy zone, not overbought, with room for further upside. Order book data shows notably thick buying depth with strong support below. Combined with funding rates, long sentiment is healthy with no extreme crowding, low short squeeze risk. )
View Live Market 👇 $RIVER
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