【$RIVER Signal】Short Squeeze Continues, Pullback Is a Buy Point

$RIVER price initiated from the February low of 7.99, with a strong uptrend formed on the monthly timeframe, and obvious fund momentum. Currently on the 4H level, after breaking through the previous high of 24.35 with volume expansion, it's pulling back with active buying (buy/sell ratio >1), and perpetual futures maintain negative funding rates, creating enormous cost pressure for short positions, forming a typical short squeeze structure. Price finds support above EMA20 (23.24), and volume contraction indicates exhausted selling pressure, with bulls preparing for upside.

🎯Direction: Long

⚡Entry: 24.00 - 24.30

🛑Stop Loss: 23.50

🚀Targets: 25.95 / 26.92

🛡️Strategy: Take half profits at target 1, move remainder to breakeven, pursue higher targets.

View Live Chart 👇 $RIVER
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