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

$RAVE 1H timeframe consolidating at high levels, 4H MACD bullish momentum continues to expand, but 1H MACD histogram begins to contract, indicating short-term momentum weakening.
Order book buy depth significantly exceeds sell depth, revealing capital support intentions.
In a negative fee environment, open interest remains stable, a typical short squeeze buildup structure.

🎯Direction: Pull back to buy

⚡Entry/Order: Place buy orders around 1.45182

🛑Stop loss: 0.54247

🚀Target 1: 1.45182

🚀Target 2: 1.75493

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
- If price falls back to entry level, automatically exit to protect principal.

The 1-hour RSI has fallen from overbought territory to 75.58, providing a healthy pullback space.
The 4-hour price stays close to the upper band, Bollinger Bands are highly expanded, indicating a strong trend.
Combined with negative funding rates and stable open interest, the passive cost pressure on shorts is accumulating.
In this structure, any pullback near the 1H EMA20 (1.3405) is an excellent opportunity for bulls to actively attack.
Risk-reward ratio currently has an advantage within this range.

View real-time market 👇 $RAVE
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