【
$RIVER Signal】Long | Short squeeze underway, key support retest
After experiencing a violent surge of over 30% in a single day,
$RIVER is currently consolidating healthily below a critical resistance level. The 4H chart shows the price retesting after breaking the previous high (~17.74), confirming a typical breakout retest pattern.
🎯Direction: Long
🎯Entry: 17.20 - 17.40
🛑Stop Loss: 16.50 (Rigid stop loss, break below previous low and EMA20 support)
🚀Target 1: 19.50
🚀Target 2: 21.00
Hardcore logic: This is a textbook short squeeze scenario. Funding rate is -0.0454%, indicating negative