$RIVER Signal】Pullback to add longs + Strong breakout after 1H level



$RIVER After experiencing a massive rally, the 1H level is undergoing a healthy pullback correction. A single strong bullish candle on the 4H level has established an upward trend. The current price has retreated to the key support near the 1H EMA20, and trading volume remains stable, indicating that the main force has not exited. The order book shows deep buy-side support and dense support levels below, which is a typical confirmation structure after a breakout pullback.

🎯Direction: Long (Long)

⚡Entry/Order: 15.372 - 15.718

🛑Stop Loss: 14.60

🚀Target 1: 17.80

🚀Target 2: 19.50

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry average price. If the price fails to hold above the entry zone and breaks below the stop loss in the opposite direction, exit decisively.

(Depth Logic: The recent 4-hour price surge accompanied by massive volume is a clear signal of main capital entering the market. Although the current 1-hour RSI has pulled back from overbought territory to a healthy zone, the stable open interest indicates that long positions are still held. The order book shows a large accumulation of buy orders in the 17.34-17.35 range, forming a strong support. The 1H EMA20 (around 15.69) is a dynamic support level; a pullback to this area is an excellent opportunity for a second entry. )

View real-time market 👇 $RIVER

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