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【$RIVER Signal】Short squeeze pullback, bulls gathering strength
$RIVER price surged on massive volume at the 4-hour level, then pulled back with decreased volume to test and stabilize at EMA20 (24.6), forming a strong consolidation. Under a negative funding rate environment, the price remains firm, indicating high costs for short positions and ongoing short squeeze pressure. The buy-side depth (bid_ask_ratio_depth: 0.59) exceeds the sell-side, showing clear capital support intent. The pullback has been confirmed, and the bullish structure is stable.
🎯 Direction: Long
⚡ Entry: 25.49 - 26.15
🛑 Stop Loss: 25.02
🚀 Targets: 30.67 / 32.93
🛡 Strategy: Half position reduction at Target 1, trail to breakeven on the remaining, aiming for higher gains.
View live chart 👇 $RIVER
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