【$RIVER Signal】Long Position: Healthy Pullback in a Short Squeeze Market

After a 32% violent rally, $RIVER is consolidating at a high level just above a key breakout point. The 4H chart shows the price strongly trading above the EMA20 (14.67), indicating a typical short squeeze (Short Squeeze) structure rather than a top.

🎯 Direction: Long

🎯 Entry: 16.80 - 17.20 (Previous high turned support zone + 4H EMA20 dynamic support band)

🛑 Stop Loss: 15.80 (Break below the start of the previous large bullish 4H candle, invalidating the logic)

🚀 Target 1: 19.50 (Previous wave high resistance)

🚀 Target 2: 22.00 (Fibonacci 1.618 extension level)

Core logic: This is a textbook short squeeze. Funding rate is as high as -0.155%, indicating extremely high costs for short positions, while open interest (OI) remains stable, suggesting shorts have not exited en masse and there is room for continued squeezing. The 4H RSI (65.46) has healthy retraced from overbought territory to neutral, preparing for another upward move.

Market data shows significant depth bids (Bids) accumulating in the 17.41-17.43 range, much thicker than asks, forming an institutional support wall. After volume breakout, the price retraced on decreasing volume, which is a healthy shakeout. ATR (1.48) indicates increased volatility, but stop loss is set below key liquidity levels to effectively filter noise.

All long entry conditions are met: 1) Price > EMA20, trend upward. 2) Depth imbalance + negative funding rate, strong short squeeze momentum. 3) Retracement to breakout support with favorable risk-reward ratio (R:R > 2.0). Do not short against this structure.

Trade 👇 $RIVER

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