$RIVER has strongly broken through under massive momentum, and the price action shows a typical short squeeze market, with open interest rising in tandem confirming the entry of major players.
🎯 Direction: Go Long
🎯 Entry: 53.50 - 55.00
🛑 Stop Loss: 49.80 (rigid stop loss, below the low point of the volume candle)
🚀 Target 1: 62.00
🚀 Target 2: 68.50
Market Logic: A 36% increase accompanied by nearly 900 million in trading volume, representing a high-confidence breakout. The price has not shown significant retracement after the breakout, indicating that selling pressure has been completely absorbed, and market sentiment is shifting towards FOMO. The increase in open interest is not a short position increase but driven by new long funds. The first healthy pullback to the upper edge of the breakout range presents a low-risk entry opportunity.
Trade here 👇$RIVER
RIVERUSDT
Perp
16.48
+0.40%
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