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$RIVER Signal】Long | Healthy Pullback After Short Squeeze Initiation
$RIVER After a single-day surge of 26%, it is currently consolidating above a key breakout level. This is a healthy reset following a short squeeze, not a top.
🎯Direction: Long
🎯Entry: 16.80 - 17.10
🛑Stop Loss: 15.95 (Breaks below previous low and EMA20 support, rigid stop loss)
🚀Target 1: 18.60 (Previous high resistance)
🚀Target 2: 20.10 (Fibonacci 1.618 extension level)
Logic core: After a strong breakout above EMA20, open interest remains stable and funding rates are negative. This is a classic sign of a short squeez