【RIVER 4H Structure Observation】After a sharp peak, rapid decline follows, short-term entering a 'retracement recovery phase'
Current price around 19.609 (24H -18.73%)
24H range: 19.007 ~ 32.733
This retracement is very typical: peak → volume surge → rapid reversal, indicating significant profit-taking above, short-term entering a 'sentiment cooling phase'.
✅ Structural Key Points
• 32.7 is a阶段性 high point, short-term resistance is extremely strong
• Current price near the 19 area, a low-end zone formed through decline, considered a 'support zone created by drop'
• This kind of pattern usually leads to:
A. Weak rebound followed by continued decline, or B. Volume contraction and consolidation before direction choice
🔴 Short-Selling Strategy (only short rebounds, don't chase shorts)
Strategy: Consider shorting only when rebounding to resistance level
• Watch resistance: 21.4 ~ 22.8
• If rebound lacks volume, fails to break higher, and shows weakening candlestick patterns → consider light short position
• Stop-loss: above 23.2
• Target: look back to 20.0 / 19.2
📌 Key Point: Directly chasing shorts now is like 'chasing the tail', easily hit by a sudden rebound.
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🎯 Conclusion in One Sentence
RIVER is currently in a recovery phase after a high-level sharp drop: only take long positions at key support levels or short on rebounds, avoid emotional chasing trades.
Follow Xiao Shuai's rhythm, and keep consistently growing your capital