【$RAVE Signal】Short squeeze pullback, sniping the bulls' second surge

$RAVE 1H level rises high then consolidates at high levels, the 4H Bollinger Bands are completely open, and the price stands above the upper band. RSI rockets to 93; buying power is exhausted in the short term, but the -0.52% funding rate has been smashed to pieces—short positions have extremely high entry costs. The order book’s bid-ask spread is extremely tight; dense orders around 5.985 form temporary support.

🎯Direction: Pullback to go long

⚡Entry/Orders: Gradually set buys in the 5.80 - 5.95 range

🛑Stop loss: 1.62155

🚀Target 1: 5.12079

🚀Target 2: 6.28720

🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move the stop loss up to the break-even level. If price drops back into the entry zone, automatically exit to protect principal.

4H MACD fast and slow lines have diverged significantly; bullish momentum is still expanding. The 1H level MACD histogram begins to shrink, indicating that short-term upward momentum is slowing—this is a healthy need for a pullback. Open interest remains stable at a high level; funds have not left the market. Combined with the deep negative funding rate, this looks more like a passive pullback targeting high-leverage shorts. Price repeatedly tests the 6.0 integer level; selling pressure is quickly absorbed, and there is a clear intention to support from below. In this structure, a deep pullback is the opportunity.

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