【$RIVER Signal】Long - 1H Breakout Retest Confirmed, Major Players' Support Intentions Are Clear

On the 1H timeframe, after yesterday’s volume-driven surge, the price is currently in a healthy retest and consolidation phase. The 4H timeframe has stabilized well above key moving averages, forming an upward trend, while the 1H has received buying support at a critical support zone, with momentum likely to gather again. Open interest remains stable, and the price has not experienced a significant pullback after the rally, indicating that major capital is still active in the market rather than purely retail chasing the highs. The order book shows substantial buy-side depth, providing strong support for the price.

🎯 Direction: Long

⚡ Entry/Limit Orders: 17.40 - 17.85

🛑 Stop Loss: 16.48

🚀 Target 1: 23.32

🚀 Target 2: 26.05

🛡️ Trade Management:

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

Deep Logic: Over the past 24 hours, the price has surged by 26%, but open interest has not skyrocketed proportionally with the price increase, indicating that this is not driven by high-leverage long enthusiasm but supported by genuine buying pressure. The 1-hour RSI is in a healthy, moderately strong zone, far from overbought levels, leaving room for further upside. The 4-hour candles have closed higher consecutively, dominated by buying activity, and the latest 4-hour candle retraced to previous highs for support, showing a solid structure. Dense buy orders below form a strong defensive line.

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