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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HorizonHunter
· 7h 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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DAOdreamer
· 7h 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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InscriptionGriller
· 7h 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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SlowLearnerWang
· 7h 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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PleaseAdviseTheContra
· 7h ago
After analyzing and analyzing, how much have you earned?
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.