【$RAVE Signal】Short squeeze structure, pullback to go long

$RAVE 1H timeframe high-level consolidation, MACD golden cross on 4H timeframe with shrinking momentum, price trading below the upper Bollinger band.
Order book wall is extremely thick, depth is unbalanced -2.67%, capital support intentions are fully exposed.
Negative fee rate -0.2% combined with stable open interest, shorts face continuous squeezing.

🎯Direction: Pullback to go long

⚡Entry/Order: 1.41322 - 2.13283, staggered placement within the range

🛑Stop loss: 0.87142

🚀Target 1: 2.49682

🚀Target 2: 3.03862

🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to breakeven.
- If price falls back into the entry zone, automatically exit to protect principal.

1H RSI dropped from a high of 94 to 69, after a buy order gap, selling pressure was quickly absorbed.
Price on 4H timeframe stabilized above EMA20, volume increased but buy ratio slightly declined, indicating high-level turnover rather than distribution.
In this negative fee environment, the price remains firm above key support, with passive replenishment of shorts as the main driving force.
Risk-reward ratio of 0.29 is relatively low, but the deep market depth structure provides a higher safety margin, suitable for small positions to continue the short squeeze.

View real-time market 👇 $RAVE
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