$RIVER showed clear support signals when it touched around 20 during the early trading session. From the market perspective, a large number of long positions were established near 20, and such top participants usually tend to create short traps first before initiating a rally. Currently, the fee rate mechanism has been activated, which often indicates that funds are preparing for a more sustained upward trend.
From a technical standpoint, 40 is a more realistic short-term target zone. For new long entrants, 18 is a reasonable stop-loss level. This risk-reward ratio is relatively balanced. Even traders who previously took short positions can now consider switching strategies to participate in a rebound wave—after all, trend-following operations tend to be more efficient. Eat while taking, flexibly respond to market rhythm.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
4
Repost
Share
Comment
0/400
BrokenYield
· 18h ago
nah the 20 support is textbook retail honeypot, smart money's already pricing in the exit at 40... classic bull trap setup tbh
Reply0
TokenTaxonomist
· 18h ago
ngl the 20 support thesis is taxonomically interesting but let me actually pull up my spreadsheet here — data suggests those "trap" narratives are way overblown statistically speaking
Reply0
WenAirdrop
· 18h ago
20 this position is indeed a bit interesting, but to be honest, I've seen many of these traps
---
Rate activation causes a surge? Still the same old story, wait until it rises and then hype it up
---
40? Uh, let's see if it can hold steady at 25 first
---
Shorting and then going long in reverse, this rhythm is really interesting, I bottomed out
---
18 stop-loss is too close, I need to leave some room to breathe
---
Basically, it's betting on the market maker to push up that wave, anyway, I've already laid my trap
View OriginalReply0
WalletAnxietyPatient
· 18h ago
This point around 20 is indeed solid, just waiting to see how the top players will play it.
---
40? Dreaming, let's first see if we can hold steady at 25 before talking.
---
I've heard this rate activation strategy many times, and every time they say it will push higher.
---
Stop loss at 18 is a bit tight, feels like it could be easily shaken out.
---
I've participated in the rebound wave before, but ended up getting trapped again.
---
Hey, following the trend sounds easy, but actual trading is full of traps.
---
I've seen through the top players' tactics, where's the next trap?
---
Eating while holding? Why do I always miss out on the gains?
---
Does this wave really have to go up? I'm a bit skeptical.
---
Is there really a large order stacking around 20? Any charts?
$RIVER showed clear support signals when it touched around 20 during the early trading session. From the market perspective, a large number of long positions were established near 20, and such top participants usually tend to create short traps first before initiating a rally. Currently, the fee rate mechanism has been activated, which often indicates that funds are preparing for a more sustained upward trend.
From a technical standpoint, 40 is a more realistic short-term target zone. For new long entrants, 18 is a reasonable stop-loss level. This risk-reward ratio is relatively balanced. Even traders who previously took short positions can now consider switching strategies to participate in a rebound wave—after all, trend-following operations tend to be more efficient. Eat while taking, flexibly respond to market rhythm.