【$RIVER Signal】Long - 1H Breakthrough Pullback Confirmed, Obvious Intention of Whales Supporting the Price

$RIVER 1H level is currently in a healthy pullback consolidation phase after yesterday's volume-driven rally. The 4H level has firmly stood above the key moving average, forming an uptrend, while the 1H level has received buying support at the key support zone, with momentum expected to gather again. Position holdings remain stable, and the price has not experienced a significant pullback after the rally, suggesting that whale funds are still in the market and this is not purely retail chasing highs. The current bid depth is substantial, providing strong support for the price.

🎯 Direction: Long

⚡ Entry/Order: 17.40 - 17.85

🛑 Stop Loss: 16.48

🚀 Target 1: 23.32

🚀 Target 2: 26.05

🛡 ️Trade Management:

- Execution Strategy: When price reaches the first target 23.32, reduce position by 50% to lock in profits, and move the stop loss of remaining positions up to the entry price. If the price fails to continue moving up and falls back to the entry zone, it will be considered a failed breakout and you should decisively exit.

Deep Logic: Over the past 24 hours, the price has surged 26% strongly, but position volume has not skyrocketed along with the price surge, indicating this is not driven by high-leverage long enthusiasm, but supported by real buying power. The 1-hour RSI is in a healthy overbought zone, far from overbought territory, leaving room for further upside. The 4-hour candlesticks have closed positive consecutively, with buying power dominating the trading, and the latest 4-hour candle has received support at the previous high, with solid structure. Bid orders are densely packed below, forming a solid defense line.

View Real-time Chart 👇 $RIVER

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