#Gate蓝龙虾重磅上线 【$RIVER Signal】Pullback to go long + 1H level retest of EMA50 for confirmation of support

$RIVER After experiencing a significant rally, the 1-hour level is undergoing a healthy correction, with the price precisely retesting the 1-hour EMA50 and finding support. This is an excellent short-term bullish entry point. The 4-hour level has already stabilized above EMA20, indicating an overall upward trend. The pullback presents a buying opportunity.

🎯Direction: Long

⚡Entry/Order: 13.796 - 14.134

🛑Stop Loss: 13.796

🚀Target 1: 15.483

🚀Target 2: 16.157

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Trail the remaining position for profit-taking. If the price falls back to the entry level, exit automatically to protect capital.

(Depth Logic: Although the latest 1-hour buy volume is slightly weaker, the open interest remains stable, indicating that funds are not panicking and leaving. The 1-hour RSI is in a healthy zone, leaving room for further upward momentum. Market data shows dense buy orders below, forming a solid support wall in the 13.91-14.92 range, providing a buffer for the correction. Currently, the price is far from the 4-hour EMA20; waiting for a retest is a better strategy. )

Check real-time market 👇 $RIVER

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