2026-01-18 13:25:21

RIVER's recent market movement is indeed interesting. In 24 hours, it surged by 40%, with the price directly breaking through all moving averages, forming a complete bullish alignment from MA5 to MA120. Some say this is the top, but I don't think so.

Looking at RSI, it pulled back from a high of 71 to 66, which is actually a healthy correction and indicates no excessive overextension. The analogy of "refueling in the air" is quite fitting—short-term consolidation to prepare for the next upward wave.

The key levels are between 27.24 and 27.8. 27.24 is the last support before the previous high of 27.8. If it can hold steady here and continue upward, the probability of breaking through 27.8 is high. Conversely, if it falls below, a reassessment is needed.

From a technical perspective, the current trend still favors the bulls. Just don't blindly chase the highs; setting proper stop-losses is the right approach.

View Original

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.

13 Likes

Reward
13
4
Repost
Share

Comment

0/400

ILCollector

· 5h ago

Bro, I've been watching the key level at 27.24 for a long time, feels like it's hanging in the balance --- A 40% increase, if you don't set your stop-loss properly, you're doomed --- Bullish arrangement looks good, but I'm still cautious, waiting to break 27.8 before jumping in --- The term "air refueling" sounds comfortable, but it's easy to fool yourself into chasing highs, be careful --- RSI retraced to 66, based on what you said, it's not considered overextended, but the question is whether it can hold the support --- The biggest risk with this rebound is a false breakout, is 27.8 a solid indicator? Really? --- The intuition of a loss collector tells me to wait before acting, it's safer --- The bullish arrangement looks good, but the key is whether the volume can keep up --- Regarding stop-loss, how to reasonably set below 27.24, any advice? --- If this wave can truly break through 27.8, then it's a real sign of stability. It's too early to say bullish now

View OriginalReply0

SandwichVictim

· 5h ago

40% jumped up all at once, and I was still fucking sleeping.

View OriginalReply0

RealYieldWizard

· 5h ago

40% directly take off, this pace is indeed a bit fierce. But I am more optimistic about the 27.24 support; only when it stabilizes can we talk.

View OriginalReply0

BearMarketLightning

· 5h ago

I like the term "air refueling," it's much more reliable than those top-out theories. The key is to hold the 27.24 level; this defensive line must not be lost.

View OriginalReply0