$RAVE Current price is 2.1156 USDT, with a 24-hour surge of 103.17%, RSI6 reaching as high as 88.94, extremely overbought, high risk of chasing after the main upward wave!

1. Trading strategies

⚠️ Short-selling plan (highly recommended, high success rate)

- Aggressive: Resistance at 2.15-2.1616 during rebound, lightly short on the trend, target 1.6181-1.1388, stop loss at 2.20, betting on a deep correction after overbought conditions
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- Conservative: Effectively break below 2.00 support, follow the trend to short, target 1.6181, stop loss at 2.15, avoid missing the move

✅ Long-position plan (only suitable for experienced traders, beginners strictly prohibited)

- Conservative: Stabilize after retesting support at 1.6181-1.65, lightly go long on dips, betting on a second rise, target 2.00-2.10, stop loss at 1.55
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- Aggressive: Small long position at current 2.11, betting on the previous high of 2.1616, stop loss at 2.05, quick in and out, avoid holding positions too long

2. Risk management requirements

- Keep position size within 5%, leverage on futures no more than 3x
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- Volatility in overbought zone is high, strictly set stop losses, do not hold positions through losses, do not go all-in
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- Only reduce positions, never add, better to miss the move than to make mistakes, avoiding chasing high after the main upward wave is a strict rule

This does not constitute investment advice, make decisions independently. $RAVE