【$RIVER Signal】Long | Healthy Pullback After Short Squeeze Initiation

$RIVER After a single-day surge of 28%, it is now performing a healthy pullback above the critical breakout level. Price action indicates absorption by buyers rather than panic selling.

🎯Direction: Long

🎯Entry: 17.40 - 17.70

🛑Stop Loss: 16.40 (Rigid stop loss, below previous low and EMA20 support)

🚀Target 1: 19.80

🚀Target 2: 21.50

Hardcore logic: The surge is driven by negative funding rate (-0.007%) and stable open interest (Stable OI). This is a typical short squeeze signal, not a main force pushing up to dump. The 4H candlestick formed a high-level flag pattern after breaking out, with decreasing volume, indicating a healthy reset.

Key Data Resonance: RSI (66) is pulling back from overbought territory without entering oversold, showing momentum remains. EMA20 (15.45) has turned upward, providing dynamic support. Depth imbalance (-0.89%) is slightly bearish, but buy orders around 17.90 are clearly stacking, indicating institutional support at this level.

Risk Control Core: Set stop loss below the previous low liquidity point at 16.40, using ATR (1.57) to establish a safety margin and avoid false triggers. Risk-reward ratio >2.0, meeting mathematical advantage.

Trade here 👇 $RIVER

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