Hey, brothers who are stuck at the 86 high—how are you doing? Seeing $RIVER rise from 1.014 like pulling an onion off the ground up to 1.457… doesn’t it stir up all kinds of feelings in your gut?
Don’t rush to cut losses, and don’t blindly add more. The current trend is pretty subtle:
👉 In the short term it’s a “V-shaped reversal,” but in the long term it’s more like “filling the deep pit.”
On the 15-minute chart, this surge has been extremely fierce—it directly broke through the long-term consolidation range. But take a look at the daily chart: at the moment, 1.358 is still a far cry from the historical high at 86—there’s a canyon between them. The current rise looks more like strong repair after being oversold, not the start of a full-blown bull market reversal.
👉 Lock down the key levels
Support zone: 1.28–1.30. This is the breakout point of this upswing. If the pullback doesn’t break it, it suggests the main force is still defending the price, and there may still be opportunities in the short term.
Resistance zone: 1.46–1.50. Near the prior high, sell pressure will be very heavy. To truly shake loose the trapped 86 positions, you’d need a huge amount of follow-on capital—right now, that seems very difficult.
Honestly:
For friends stuck at 86, cutting losses now is too painful. It might be better to wait until it rebounds near 1.5, then trim to do T. For those hoping to bottom-fish, don’t mistake a “rebound” for a “reversal.” Take a bite of meat and go—don’t get greedy!
Don’t rush to cut losses, and don’t blindly add more. The current trend is pretty subtle:
👉 In the short term it’s a “V-shaped reversal,” but in the long term it’s more like “filling the deep pit.”
On the 15-minute chart, this surge has been extremely fierce—it directly broke through the long-term consolidation range. But take a look at the daily chart: at the moment, 1.358 is still a far cry from the historical high at 86—there’s a canyon between them. The current rise looks more like strong repair after being oversold, not the start of a full-blown bull market reversal.
👉 Lock down the key levels
Support zone: 1.28–1.30. This is the breakout point of this upswing. If the pullback doesn’t break it, it suggests the main force is still defending the price, and there may still be opportunities in the short term.
Resistance zone: 1.46–1.50. Near the prior high, sell pressure will be very heavy. To truly shake loose the trapped 86 positions, you’d need a huge amount of follow-on capital—right now, that seems very difficult.
Honestly:
For friends stuck at 86, cutting losses now is too painful. It might be better to wait until it rebounds near 1.5, then trim to do T. For those hoping to bottom-fish, don’t mistake a “rebound” for a “reversal.” Take a bite of meat and go—don’t get greedy!
