$RIVER Signal】Pullback to go long / Bottom volume breakout


$RIVER After a rally on the 1H timeframe, a pullback occurs. Buying interest is accumulating around 17.10, but selling pressure above is also dense. The 4H chart shows the price has already broken above the upper Bollinger Band, and the MACD histogram is still expanding, indicating bullish momentum remains intact. The 1-hour RSI has fallen from 71 to 58, which is a healthy correction.

🎯Direction: Long

⚡Entry/Order: Layered entries in the 15.47 - 15.87 range

🛑Stop Loss: 15.08

🚀Target 1: 19.00

🚀Target 2: 20.56

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce half of the position and move the remaining stop loss up to the entry price. If the price cannot hold above 16.30, consider exiting early.

Position size remains stable, and no large-scale exits occurred during the rally, indicating funds are not just short-term speculation. Market data shows that the buy orders below 17.10 are much thicker than the sell orders above, clearly indicating a support intent. The 1-hour MACD fast and slow lines are still above zero, with the histogram slightly contracting, a typical sign of a continuation rally. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a smaller position to bet on trend continuation.

View real-time market 👇 $RIVER
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