【$RIVER Signal】Short Squeeze Continuation, Pullback is Buy Point

$RIVER price initiated from the February low of 7.99, has formed a strong uptrend on the monthly timeframe with evident capital momentum. Currently on the 4H level, after breaking through the previous high of 24.35 on volume and pulling back, buy orders are active (buy/sell ratio >1), and perpetual futures maintain a negative funding rate, creating tremendous cost pressure on short positions, forming a typical short squeeze structure. Price finds support above EMA20 (23.24), with consolidation on low volume indicating exhaustion of selling pressure and bulls accumulating strength.

🎯 Direction: Long

⚡ Entry: 24.00 - 24.30

🛑 Stop Loss: 23.50

🚀 Targets: 25.95 / 26.92

🛡 Strategy: Take profit half position at target 1, move remaining stop to breakeven, aim for higher targets.

View live chart 👇 $RIVER
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