RIVER hovers around the 27.70 key resistance level, with technical patterns indicating that the parabolic rally is approaching its limit. From a market psychology perspective, when a certain asset's gains exceed market expectations, it often signals a critical point for a pullback. The 27.70 price level has attracted many late-entry traders, but it is also a zone of high risk concentration.



From a technical analysis standpoint, professional traders typically set clear trading plans at high levels: in terms of entry strategy, decisively short at the 27.70 level; for profit targets, initially aiming for 23.50, expecting a significant decline; for risk management, using 30.00 as a stop-loss level, and exiting promptly if the price stabilizes at that level.

The core idea is to capture high-level pullback opportunities through strict risk management and disciplined execution. This trading approach emphasizes not blindly chasing highs but entering precisely when clear technical signals appear.
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HorizonHuntervip
· 3h ago
27.70 this level is really a trap, a bunch of people chasing the high and waiting to be cut The parabola is so steep that a correction could really wipe people out Short positions should dare to enter, but I am still on the sidelines... 23.50? Dreaming, this time the rebound might be even stronger Risk management is well explained, but most people simply can't do it
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DAOdreamervip
· 3h ago
27.70 is really a bit risky... The parabolic rally is almost reaching its peak, I can see it too. Short positions are waiting for a pullback; this time, we really need to stay disciplined and not act recklessly. 23.50 is the real target; those chasing the high now are probably just bagholders. Sell half to lock in profits, and the rest depends on whether the 30 level can hold.
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InscriptionGrillervip
· 3h ago
At the 27.70 level, it's a typical trap set by the leek harvesters; late entrants will get caught holding the bag. Short position setup? Old Ma knows the way; just waiting to cut a wave and catch the high-positioned bagholders.
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SlowLearnerWangvip
· 3h ago
It's the same old trick of high-position short orders. By the time I realized it, 27.70 was already gone.
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PleaseAdviseTheContravip
· 4h ago
After analyzing and analyzing, how much have you earned?
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