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RIVER's sideways movement around 27.70 has recently become a hot topic. Behind the seemingly consolidating candlesticks, it actually reflects the true situation of gradually exhausted buying pressure. Psychologically speaking, overconfidence can cause funds to keep buying in, which just leaves the best depth for short sellers to harvest. This is not just simple volatility — the technical analysis has already signaled a structural bubble burst.
How to operate? The approach is quite clear:
First, cut in directly at the key support level of 27.70, and once it rebounds to 29.00, add to the position decisively. The timing here is very important; hesitation is not an option.
Second, use 20x leverage to capture a 1% decline, ideally earning a 20% net profit. The first target for a breakdown is 23.50.
Third, if the price stabilizes above 30.00, immediately cut losses and exit. This red line must be held, no exceptions.
Overall, right now is just waiting for a confirmed entry signal — the opportunity is right in front of you.