【$RIVER Signal】Short Squeeze Continuation, Dips Are Buying Opportunities

$RIVER price initiated from the February low of 7.99, with the monthly chart forming a strong uptrend, obvious capital momentum. Currently, the 4H level has broken through the previous high of 24.35 with volume and pulled back, with active buying (buy/sell ratio >1), and perpetual futures maintaining negative funding rates. Short positions face enormous cost pressure, forming a typical short squeeze structure. Price receives support above EMA20 (23.24), and volume contraction suggests selling pressure exhaustion, with bulls gathering strength.

🎯 Direction: Long

⚡ Entry: 24.00 - 24.30

🛑 Stop Loss: 23.50

🚀 Targets: 25.95 / 26.92

🛡 Strategy: Reduce position by half at target 1, move remaining to breakeven, chase higher targets.

View live market 👇 $RIVER
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