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【$RIVER Signal】Pullback Confirmation After Short Squeeze Rally
$RIVER 4H timeframe surged 20% in a single day. At 19:00, a massive bullish candle (trading volume 2.14M) broke the previous high with 57% buy-side ratio, indicating major buyers actively sweeping. Current price is consolidating above the midpoint of the massive K-line, holding firm under negative funding rates, representing a typical healthy pullback after a short squeeze. 1-hour timeframe pulled back with reduced volume to EMA20 (24.93) without breaking it. Selling pressure is exhausted, bullish structure remains solid.
🎯 Direction: Long
⚡ Entry: 25.80 - 26.20
🛑 Stop Loss: 24.70
🚀 Targets: 28.05 / 29.68
🛡 Strategy: Exit half position at target 1, move stop loss of remaining position up to entry price.
View live charts 👇 $RIVER
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