【$RIVER Signal】Short Squeeze Continuation, Pullbacks Are Buy Points
$RIVER price initiated from the February low of 7.99, forming a strong uptrend on the monthly timeframe with evident capital momentum. Currently on the 4H level, after a volume breakout above the previous high of 24.35, pullback is occurring with active buying (buy/sell ratio >1), and perpetual futures maintaining negative funding rates, creating enormous cost pressure on short positions and forming a typical short squeeze structure. Price finds support above EMA20 (23.24), with shrinking volume consolidation indicating selling pressure exhaustion and bulls preparing their next move.
🎯 Direction: Long
⚡ Entry: 24.00 - 24.30
🛑 Stop Loss: 23.50
🚀 Targets: 25.95 / 26.92
🛡 Strategy: Cut position in half at target 1, move remaining to breakeven, and aim for higher targets.
【$RIVER Signal】Short Squeeze Continuation, Pullbacks Are Buy Points
$RIVER price initiated from the February low of 7.99, forming a strong uptrend on the monthly timeframe with evident capital momentum. Currently on the 4H level, after a volume breakout above the previous high of 24.35, pullback is occurring with active buying (buy/sell ratio >1), and perpetual futures maintaining negative funding rates, creating enormous cost pressure on short positions and forming a typical short squeeze structure. Price finds support above EMA20 (23.24), with shrinking volume consolidation indicating selling pressure exhaustion and bulls preparing their next move.
🎯 Direction: Long
⚡ Entry: 24.00 - 24.30
🛑 Stop Loss: 23.50
🚀 Targets: 25.95 / 26.92
🛡 Strategy: Cut position in half at target 1, move remaining to breakeven, and aim for higher targets.
View Live Market 👇 $RIVER
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#Gate13周年全球庆典 #Gate广场AI测评官 #SEC与CFTC新监管指引