【$RIVER Signal】Short Squeeze Pullback, Longs Accumulating Power

$RIVER price initiated from the February low of 7.99, showing a steep uptrend channel on the monthly timeframe with gains exceeding 200%, with clear characteristics of major capital driving. Currently on the 4H level, volume breakout above previous highs followed by volume contraction pullback test. Buy-side depth (bid_ask_ratio_depth: 1.65) significantly outperforms sell-side, showing strong support below. Under negative funding rate environment, price rejects deep decline, short positions face short squeeze risk—this is a typical multi-trend continuation structure.

🎯 Direction: Long

⚡ Entry: 23.90 - 24.10

🛑 Stop Loss: 23.42

🚀 Targets: 25.83 / 26.80

🛡️ Strategy: Exit half position at target 1, move stop loss of remaining position up to entry price, risk-free play toward second target.

View Live Chart 👇 $RIVER
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