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RIVER's recent technical features are beginning to release some noteworthy signals. From the candlestick performance, the divergence rate has already reached a high level for this phase, and the deviation between the price and the moving average has hit a recent extreme—under such conditions, the market usually needs to adjust to restore balance.
The details of the market are even more interesting. The area around 27.70 repeatedly shows long upper shadows, and trading volume is also shrinking, which suggests that buying pressure at this price level is losing its momentum. If you look closely at this trend, it's hard not to notice that what the main force might be doing here is the final stage of chip consolidation.
From a trading perspective, some aggressive long traders may need to reassess the risks. If the correction truly begins:
• Key observation level: 27.70 — a litmus test for bullish and bearish forces
• First target: 23.50
• Further breakdown target: around 19.00
• Risk control line: set at the 30.00 integer level
It’s worth pondering that corrections with such high divergence rates tend to be very rapid. If you position for a short at this point, even a 1% pullback, with 20x leverage, can turn into a 20% profit. Of course, the market is always a game of probabilities, and discipline in stop-losses is equally important. When everyone is crazy, calmly confirming the most certain profit space is actually a clearer choice.