【$RIVER Signal】Short Squeeze Continues, Dips are Buy Points

$RIVER price has rallied from the February low of 7.99, forming a strong uptrend at the monthly level with obvious capital momentum. Currently at the 4H level, after a breakout above the previous high of 24.35 with volume expansion, there's a pullback with active buying (buy/sell ratio >1). The perpetual futures maintain a negative funding rate, creating enormous cost pressure on short positions, constituting a typical short squeeze structure. Price is supported above EMA20 (23.24), and the volume contraction during consolidation indicates selling pressure exhaustion, with longs 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, and pursue higher targets.

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