$RIVER After nearly a 40% surge in a single day, it is consolidating strongly below the previous high resistance zone (~18.8). The 4H timeframe shows a healthy reset rather than a top reversal.

🎯 Direction: Long
🎯 Entry: 17.50 - 17.80
🛑 Stop Loss: 16.40 ( Break below the previous 4H K-line low and EMA20 support, invalidating the logic )
🚀 Target 1: 19.50
🚀 Target 2: 21.80
Market analysis: The core driver of the surge is a typical short squeeze. The funding rate is -0.0141%, indicating a negative rate, but open interest (OI) remains stable, showing that shorts are being continuously squeezed rather than major players offloading. The 4H RSI (70.44) is high, but in a short squeeze structure, it does not justify a short position.
Solid logic: Order book depth shows a significant imbalance, with buy-side depth (Bids) far exceeding sell-side (Asks). The imbalance ratio is 8.49%, and the buy/sell volume ratio is 1.19, indicating large funds are actively placing buy orders below the current price to accumulate, providing strong support. The price remains steady above the rapidly rising EMA20 (14.40), indicating an intact trend structure.
Key levels: The previous wave high at 18.77 is a recent resistance. Breaking through this level will open up space for further gains. The entry zone is around the midpoint of the first large bullish candle (17.03) and the EMA20 extension support zone, with a risk/reward ratio >2.5.$RIVER3L