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【#Gate蓝龙虾重磅上线 Signal】Pullback to Long + 1H Level Strong Rebound
The 1H level experienced a sharp shakeout and then a strong V-shaped reversal, with the price regaining the short-term moving averages, indicating very strong bullish momentum. The 4H level has broken through the descending trendline and is currently in a retest confirmation phase, offering an excellent short-term entry opportunity.
🎯 Direction: Long
⚡ Entry/Order: 13.899 - 14.257
🛑 Stop Loss: 13.871
🚀 Target 1: 15.800
🚀 Target 2: 16.572
🛡️ Trading 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 below the 1H EMA20, exit all positions.
$RIVER Depth Logic: The 1-hour chart shows that after a sharp drop to 13.755, the price was quickly pulled back, forming a long lower shadow, which is a strong bullish reversal signal. The RSI on the 1H timeframe has recovered to a healthy zone, and momentum is restored. Market depth data indicates a large number of buy orders around 15.38, providing clear support. The 4H level has closed with consecutive bullish candles, shifting the trend from weak to strong. Coupled with stable open interest, this is not just short covering but indicates new funds entering the market. $RIVER
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