RIVER has recently emerged from a clear bottoming rebound pattern. From a 24-hour low of $5.769 to the current $8.438, the increase has exceeded 46%. The key support level for this rebound is around $7.006. During the rapid recovery, trading volume also increased simultaneously, indicating that bottom-fishing funds are steadily entering the market.

From a medium-term perspective, the 7-day increase has reached 140.40%, and the 30-day increase is also 128.12%, with the overall bullish trend's fundamentals remaining unchanged. Technically, the 15-minute K-line has already stabilized above the $8.4 level, and the MA5 moving average has shown a clear upward turn, suggesting that the oversold rebound momentum is quite sufficient.

The current phase of shakeout is about to complete. From a risk control standpoint, stop-loss can be set below $8.2702. The upward movement should focus on the resistance level at $8.8599. If there are doubts about the subsequent trend, it’s okay to wait and watch. However, if you are optimistic about this rebound rhythm, now might be a good time to enter.