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$RIVER Signal】Long | Short Squeeze Initiation + Deep Support Defense
$RIVER After experiencing a prolonged downtrend, a potential double bottom has formed on the daily chart. Currently, on the 4-hour chart, a volume breakout above the EMA20 is being retested for confirmation.
🎯Direction: Long
🎯Entry: 17.50 - 17.90 (Retesting EMA20 and the previous 4H candlestick support zone)
🛑Stop Loss: 16.40 (Breaking below previous low and ATR lower band, rigid stop loss)
🚀Target 1: 20.10 (Previous high resistance)
🚀Target 2: 22.50 (Fibonacci 0.618 retracement level)
Core Logic Hardcore: 1) Clear shor