【$RAVE Signal】Short squeeze structure established, pullback is a buy signal

$RAVE 1H level surges then consolidates at high levels, 4H Bollinger Bands opening upward, price above upper band. Negative funding rate -0.6288% persists, open interest stable, bearish traders face huge passive holding cost pressure.

🎯Direction: Long

⚡Entry/Order: Go long around 2.74445 directly, or place a buy order near 2.45 on pullback.

🛑Stop loss: 1.06276

🚀Target 1: 3.03157

🚀Target 2: 3.68785

🛡️Trade management:
- Execution strategy: When price hits the first target, halve the position; move the remaining stop loss up to the entry price. If price cannot stay above 2.75, consider exiting early.

Order book depth shows buy orders clearly outweigh sell orders, indicating clear support intent. The 1-hour MACD fast and slow lines are still diverging upward, indicating bullish momentum has not yet exhausted. In this negative funding rate environment, sideways price action is a drain on the bears, and once buying pressure resumes strongly, it could trigger chain liquidations and push prices higher. The current risk-reward ratio is acceptable, but be cautious of short-term overbought profit-taking.

Check real-time market 👇 $RAVE
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