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#Gate2月透明度报告 【$RIVER Signal】Pullback to Long + 1H Level Support Confirmation
$RIVER After experiencing a significant rally, the 1H level is undergoing a healthy correction, with the price retracing to a key EMA support zone. The 4H chart shows the price has broken through the previous consolidation platform, indicating a trend reversal to upward. This current pullback presents an excellent second entry opportunity. Open interest remains stable, suggesting funds have not exited, indicating a bullish continuation.
🎯Direction: Long
⚡Entry/Order: 13.158 - 13.232
🛑Stop Loss: 13.232
🚀Target 1: 12.864
🚀Target 2: 12.717
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to rise as expected and falls back to the lower boundary of the entry zone, exit strictly with a stop loss.
(Depth Logic: The 1-hour RSI is near 60, indicating healthy momentum without entering overbought territory. Market depth data shows unusually thick buy orders around 13.90, forming a strong support wall. The 4-hour chart price is above the moving averages, combined with stable open interest, suggesting this correction is a shakeout of short-term holders by the main players, building momentum for the next rally. )
View real-time market 👇 $RIVER
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