【$RAVE Signal】Short squeeze rebound, second pulse sniping

$RAVE 1H timeframe high-level oscillation, 4H Bollinger Bands fully expanded, price close to the upper band. RSI on 1H at 78.88, soaring to 89.5 on 4H, indicating a break in buying momentum. MACD on 1H shows shrinking histogram bars, bullish momentum slowing, but MACD on 4H remains strongly expanding. Market depth imbalance reaches 67.67%, buy orders are more than five times the sell orders, fully exposing the capital support intent. Negative fee rate of -0.3646% combined with firm prices, a typical short squeeze structure.

Price repeatedly tests around 9.5, with short-term resistance at 10.1. Chasing high at this level carries great risk, and the risk-reward ratio is not favorable. Wait for a healthy pullback, with strong support near EMA20 on 1H at around 7.49.

🎯Direction: Pullback to go long

⚡Entry: Place orders in the 7.50 - 7.80 range for ambush

🛑Stop loss: 2.47238

🚀Target 1: 9.56168

🚀Target 2: 9.59996

🛡️Trade management: - Execute strategy: After reaching Target 1, reduce half of the position, move the remaining stop loss up to the entry price. If the price fails to rebound as expected and falls below the order level, exit decisively.

Open interest remains stable, no signs of panic selling. In a negative fee environment, short positions' costs keep rising, and any small pullback can be quickly bought up, forming a second pulse. If MACD on 1H can form a golden cross above zero, it will be a clear signal to add positions. Currently, market sentiment leans toward greed, but as long as the structure remains intact, follow the trend.

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