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$RIVER's recent performance is worth paying attention to. After a volume breakout of 29%, combined with a large transaction of 815M, the market shows typical main force accumulation characteristics. This is not simply a short squeeze, but a genuine signal of increasing capital inflow.
From a price action perspective, buying pressure demonstrates considerable resilience. After the breakout, there was no rapid pullback, indicating that selling pressure has been effectively absorbed. This is a relatively healthy trend. Currently, the price is consolidating above the breakout zone, which is a normal accumulation phase, reserving momentum for the subsequent push.
In terms of volume, the increase in trading volume is accompanied by an increase in open interest, which is a strong bullish signal. As long as the price can hold above the breakout zone, upward movement becomes the path of least resistance.
Technical strategy reference:
🎯 Long position
🎯 Entry range: 25.80 - 26.20
🛑 Stop-loss setting: 24.50 (rigid stop-loss)
🚀 Target 1: 28.50
🚀 Target 2: 30.00
The key going forward is whether the price can hold the support level after the breakout. Once stabilized, the probability of advancing toward the target levels will be higher. Cryptocurrency markets are highly volatile, and risk management always comes first.