【$RAVE Signal】Short covering pullback, long positions hidden

$RAVE 1H timeframe surges then consolidates at high levels, 4H Bollinger upper band pierced then price pulls back. RSI spikes to 81, clear divergence in buying volume. 4H MACD histogram still expanding, but 1H histogram begins contracting, momentum diverges.

Funding rate -1.3577%, extremely high cost for short positions, order book depth imbalance reaches 85.19%, sell volume very thin. In this environment, price stubbornly stays above 11.9, a typical short squeeze structure.

🎯Direction: Pullback to go long

⚡Entry: Enter directly on pullback near 11.90, stop placed at 3.21.

🛑Stop-loss: 3.21

🚀Target 1: 11.955

🚀Target 2: 12.003

🛡️Trade management: - Execute strategy: halve position at Target 1, remaining position to protect capital. If price falls back to entry point, exit unconditionally.

Negative funding rate combined with buy volume depth advantage, passive short positions. 1H EMA20 at 9.14, creating space for pullback relative to current price. Volume shrinks after surge, indicating healthy turnover. This depth imbalance means even small buy orders can push price rapidly higher. Risk-reward ratio is worth trying here, key is to choose a sufficiently precise entry point.

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