$RIVER has recently attracted a lot of attention, with its core highlight being the innovative chain-abstracted stablecoin system — supporting cross-chain collateralization to mint $satUSD, eliminating the hassle of bridging, allowing users to directly earn yields and leverage across multiple chains. This logic indeed hits the pain points of current DeFi, which is no wonder it has become a market discussion focal point.



The recent 2.5 hours of market movement has been quite exciting. $RIVER surged from around 14.1 to 15.49, with the 7th and 8th 15-minute candles being particularly fierce — rising by 3.75% and 2.69% respectively, with trading volume multiplying several times. This clearly indicates large capital involvement. The project's basic favorable conditions resonated with market buying interest, providing considerable upward momentum.

However, a pause is necessary here. Currently, there have been five consecutive bullish candles, and the short-term rally is too rapid, likely overextended. The bodies of the latest two candles are very small, forming a doji pattern near 15.5, indicating weakening buying momentum and increasing resistance to further rise. From a technical perspective, the risk of a pullback is indeed accumulating.

For friends wanting to participate, blindly chasing the high now is not a good idea. A more prudent approach is to wait for a confirmation of a pullback before entering. For the more aggressive, focus on the support zone of 14.8-15.0; if clear signs of a trend reversal appear (such as long lower shadows), consider taking a light long position, targeting the previous high of 15.5, with a strict stop-loss below 14.6. For the more conservative, it’s better to wait until the price retraces to the stronger support level of 14.4 (a key point of previous breakout platform and moving averages), and only after stabilization consider adding long positions.

One point to pay special attention to: if the price drops below 14.4 with increased volume, the short-term bullish structure will be broken, and at that point, the best move is to watch and wait for new opportunities. The story framework is indeed grand, and the rally fierce, but technical warning signals cannot be ignored. Trading with the trend is an eternal rule; decisive action at key levels is crucial.
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LayerZeroHerovip
· 11h ago
It's a doji star, and this wave is likely to pull back. Be cautious when chasing the high.
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ProveMyZKvip
· 11h ago
The shooting star has appeared. This wave of growth is too fast, it feels like a pullback is coming.
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EthSandwichHerovip
· 11h ago
It's a doji star, so this wave is probably going to retrace.
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RektRecoveryvip
· 12h ago
ngl the cross stain at 15.5 screamed exhaustion to me the moment i saw it... told everyone this exact scenario happens every single cycle, but sure, chase that pump
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