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$RIVER Signal】Long - 1H strong breakout, funds driving short squeeze
$RIVER The 1H timeframe is strongly trading above EMA20, just breaking above the previous high of 11.95 with increased volume, creating a new intraday high of 12.147. The 4H timeframe has formed three consecutive bullish candles, with the price breaking out of the recent consolidation range, indicating strong momentum. Although RSI has entered the overbought zone, the short squeeze may continue given stable open interest and moderate funding rates.
🎯Direction: Long (Long)
🎯Entry/Order: 12.00 - 12.10 (Reason: Breakout retes