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【$RIVER Signal】Short squeeze continuation / pullback for long entry
$RIVER surged 20% in a single day, with a volume breakout structure on the 4H timeframe. At 19:00, a massive bullish candle directly engulfed the previous high, with buying pressure dominating. Although the price pulled back from the highs, it remained above the breakout level and stayed firm in a negative funding rate environment—typical short squeeze structure. The current volume contraction and pullback are efforts by the main players to shake out weak hands and prepare for a second upward move.
🎯 Direction: Long
⚡ Entry: 25.90 - 26.10
🛑 Stop Loss: 25.30
🚀 Targets: 27.15 / 28.50
🛡 Strategy: Close half of the position at Target 1, trail the stop on the remaining position to break even, and aim for higher targets.
View live chart 👇 $RIVER
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