【$RAVE Signal】Short squeeze retest, sniper for a second surge

$RAVE 1H timeframe surges then retraces, current price 13.41. The 4H Bollinger Bands are fully expanded, with the upper band at 13.61 forming a short-term resistance. The MACD histogram on the 1H remains expanding, but RSI has fallen back from high levels to 66.78, indicating a brief pause in buying momentum. Market depth shows buy orders are 2.26 times thicker than sell orders, with clear intent of capital support. Negative fee rate of -0.34% combined with stable open interest suggests a risk of short squeeze being squeezed.

If the price can find support below 13.34, it presents a better opportunity for a second entry.

⚡Entry: Enter around 13.34 directly.

🛑Stop loss: 3.988.

🚀Target 1: 13.404.

🚀Target 2: 13.458.

🛡️Trade management:
- Execution strategy: Half position at Target 1, move stop loss on remaining position to entry price. If the price cannot quickly break away from the cost zone, exit proactively.

Current risk-reward ratio is not ideal, mainly driven by market sentiment and capital depth. In this negative fee environment, the price remains firm, often indicating a quick short squeeze, but stop losses must be strictly enforced.

View real-time quotes 👇 $RAVE
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