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RIVER has been declining from the high of 23.877, and the bearish pattern is now difficult to reverse. The proportion of large traders holding short positions continues to rise, with many active sell orders. In this downward rhythm, rebounds are often opportunities for shorts to add positions.
Technically, there's nothing to fuss over. The 4-hour, 1-hour, and 15-minute moving averages are all in a bearish alignment, and the MACD has already crossed below zero, with no bright spots.
The current price can directly consider short positions. If it rebounds to the 17 range, decisively add to short positions, with a stop-loss placed above 18 for safety—if it breaks through, it indicates that the bearish momentum has weakened, and it's time to exit.
In the short term, watch the support level at 15.5. If this is also broken, then focus on the key zone at 14. This move is mainly about catching trend-driven sell-offs. When volume shrinks, stay firm and hold your positions, and don't be fooled by small rebounds during trading.