If RIVER's current trend cannot hold its position, it may drop to the 12 level in the future. Based on this judgment, it is recommended to first hedge long positions. For short positions, consider increasing the position size, with a target profit-taking around 12.35, representing an increase of about 35% in allocation.
The first bottom target corresponds to the 11.5-12.5 range—this was previously a clearing zone for high-leverage long positions and has strong technical support significance. When the price rises back to around 12.35, I will close the hedge short positions. Afterwards, patience is needed to observe the specific market performance and volume response. If conditions permit, there will be opportunities to add to the positions later.
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HashRateHustler
· 01-11 18:05
This threshold at 12 really can't hold up, and the short positions are active again.
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MultiSigFailMaster
· 01-11 13:41
Are we going to dump again? Is this 12 level really that tough?
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SandwichTrader
· 01-09 13:00
The 12th barrier is really about to break, and this wave of short positions definitely has a chance. A 35% profit is quite tempting.
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fren.eth
· 01-09 12:50
12 is coming again. Can you hold your ground this time?
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ShortingEnthusiast
· 01-09 12:49
It's heading down again. The 12 level must be held.
Keep holding the short positions. See you at 12.35.
The bulls are being tortured alive. This wave is really fierce.
Hedging strategy is reliable, but it also depends on how the volume cooperates.
The 11.5-12.5 range is that critical level. Reduce positions on rebounds.
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Rugman_Walking
· 01-09 12:47
The 12 level is really a critical hurdle; if we can't break through, it feels like we might have to keep pushing down.
Adding 35% to the short position, betting that this decline can stabilize?
The area around 11.5 once cleared high leverage positions; now it’s acting as support? It depends on whether the trading volume is strong enough.
Hedging seems to be the main thing now; don’t be greedy for that small profit.
Wait until the rebound to 12.35 before making a move; don’t exit prematurely.
If RIVER's current trend cannot hold its position, it may drop to the 12 level in the future. Based on this judgment, it is recommended to first hedge long positions. For short positions, consider increasing the position size, with a target profit-taking around 12.35, representing an increase of about 35% in allocation.
The first bottom target corresponds to the 11.5-12.5 range—this was previously a clearing zone for high-leverage long positions and has strong technical support significance. When the price rises back to around 12.35, I will close the hedge short positions. Afterwards, patience is needed to observe the specific market performance and volume response. If conditions permit, there will be opportunities to add to the positions later.