$RAVE Signal: Multiple callbacks, be cautious as funding rates are high


$RAVE Funding rate at 0.0596%, relatively high, 4H Bollinger Band upper band is under pressure, 1H MACD momentum is shrinking, buying strength is weakening. Deep buy/sell ratio is 0.92, sellers are slightly stronger. Waiting for the price to fall back to the support zone.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 0.6916

🛑Stop loss: 0.6860

🚀Target 1: 0.7026

🚀Target 2: 0.7082

🛡️Trade management:
- Place orders to enter, with strict stop loss. Reduce 50% of position at Target 1, move stop loss to breakeven. If the price breaks below the stop loss, exit immediately. Position size should not be too large, watch out for volatility risk.

Objectively, the risk-reward ratio is average, suitable only for light probing. Funding rate pressure may suppress the sustainability of the bulls.

Check real-time market 👇 $RAVE
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