Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
$RIVER
$RIVER Looking for an entry point after the storm! 🌊📉
After a prolonged drop, RIVER found support. The minimum at $7.854 was successfully tested, and now we see an attempt to reverse the trend on the 4-hour chart.
Situation analysis:
Currently, the price is trading around $8.59. Volumes are starting to increase, and MACD hints at a fading bearish momentum. It seems that a large player has begun accumulating a position in this zone.
My thoughts on the trade:
🔹 Long / Spot entry: current prices (8.50 - 8.60$) look very attractive for building a position.
🔹 Take Profit 1: $9.61 (nearest MA5)
🔹 Take Profit 2: $10.16 (psychological level and MA10)
🔹 Stop Loss: below $7.80 (if we break the bottom, we go deeper).