【$RAVE Signal】Multiple rebounds during the pullback, short squeeze ambush under negative funding rate

$RAVE 1H level surges and consolidates at high levels, the upper band of the 4H Bollinger Bands at 18.68 acts as resistance, but the price remains above 16.5 for support. The 1H MACD histogram continues to expand, indicating bullish momentum is not exhausted. The negative funding rate of -0.0968% suggests higher short position costs, implying a potential for a short squeeze. The order book depth imbalance of -3.41% shows slightly more sell orders, but the price has not been pushed down, with clear signs of capital support.

The current price at 17.05 is near the upper boundary of the suggested entry zone; chasing higher directly offers poor risk-reward. A better strategy is to wait for a healthy pullback.

🎯Direction: Buy on pullback (place orders)

⚡Entry/Order placement: Set up near the lower boundary of the 13.33532 - 16.96876 range, recommend accumulating in the 16.00-16.50 zone in batches.

🛑Stop loss: 8.96614

🚀Target 1: 22.07366

🚀Target 2: 26.44284

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce half of the position, and move the remaining stop loss up to the entry price. If the price fails to hold above the entry zone upper boundary and weakens, exit decisively.

The 4H EMA20 and EMA50 have formed a bullish alignment, indicating a medium-term uptrend. The 1H RSI at 62.91 is in a healthy, slightly strong zone, not overheated. Position size remains stable, with no signs of large traders offloading. Under this structure, a deep pullback is an opportunity, with a risk-reward ratio exceeding 1:2, making it worthwhile to ambush. Patience in waiting for the right entry point is key, avoiding chasing at emotional highs.

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