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#以太坊大户持仓变化 $RIVER's recent performance is worth paying attention to. Looking at the candlestick chart makes it clear— the price has broken out of the previous consolidation zone and is now firmly above the MA(7) and MA(30), which is a good short-term signal.
What does the technical analysis say? Support and resistance levels are quite clear. The 17.298 level is a relatively strong support— historically, the price has rebounded multiple times here, indicating that both institutions and retail investors recognize this price level. The resistance above is at 18.142; once this is broken, the next target could be directly at 18.351, and it might even go up to the 19.0 mark.
From the moving average arrangement, MA(7) and MA(30) form a typical bullish pattern, and the price has not fallen below these two lines. This situation in the crypto market essentially tells you: the current upward trend is quite stable.
So how to operate specifically? Here are two approaches for reference.
First, if the price breaks through the 18.142 resistance, consider going long. Take profit initially at 18.351; if the momentum is strong, reaching 19.0 is also possible. Second, if the price pulls back to around 17.298 and stabilizes, a rebound to go long is also an opportunity, with the target still at 18.142 and above.
Overall, $RIVER is currently in a relatively standard upward trend. The short-term key is whether 18.142 can be surpassed. Once it is surpassed, the upward space opens up. Conversely, if the price stabilizes at 17.298, the likelihood of a rebound is also quite high. That’s how the market works—opportunities often hide in the repeated confirmation of these support and resistance levels.