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$RIVER Signal】Long | Healthy Pullback After Short Squeeze
$RIVER After a nearly 30% surge in a single day, it is now undergoing a healthy cooldown above a key support level. A flag pattern has formed on the 4H timeframe, which is a typical continuation pattern after a short squeeze.
🎯Direction: Long
🎯Entry: 16.85 - 17.10
🛑Stop Loss: 16.40 (Rigid stop loss, below previous low and EMA20 support)
🚀Target 1: 18.60 (Previous high resistance)
🚀Target 2: 20.10 (Fibonacci 1.618 extension)
Core Logic Hardcore: 1) Short squeeze driven: Funding rate -0.04% + stable open interest + sharp price incre