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【#Gate2月透明度报告 Signal】Pullback to Long + 1H Level Support Confirmation
The 1H level has experienced a significant rally and is now undergoing a healthy correction, with the price retracing to a key EMA support zone. The 4H chart shows that the price has broken through the previous consolidation platform, indicating a trend reversal to upward. This current pullback presents an excellent second entry opportunity. Open interest remains stable, suggesting that funds have not exited the market, indicating a continuation of the upward trend.
🎯 Direction: Long
⚡ Entry/Order: 13.158 - 13.232
🛑 Stop Loss: 13.232
🚀 Target 1: 12.864
🚀 Target 2: 12.717
🛡️ Trading Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to rise as expected and falls back to the lower boundary of the entry zone, exit strictly with a stop loss.
$RIVER Depth Logic: The 1-hour RSI is around 60, indicating healthy momentum without entering overbought territory. Market depth data shows unusually thick buy orders around 13.90, forming a strong support wall. The 4-hour chart price remains above the moving averages, combined with stable open interest, suggesting this pullback is a shakeout of weak holders by the main players, preparing for a subsequent rally. $RIVER
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