【$RAVE Signal】Light position short, momentum divergence and overbought resonance

$RAVE 1H level RSI soared to 81, 4H level even reached 89, buying power has been severely overextended. The 1H MACD histogram begins to shrink, bullish momentum diminishes. The 4H Bollinger Band upper band is repeatedly tested, price shows obvious stagnation around 9.5, with short-term resistance at 10.1.
Order book depth imbalance reaches 60%, with buy orders four times more than sell orders, this extreme structure often indicates a short-term emotional peak.

Price below 9.42, consider a light short position.

🛑Set stop loss above 10.4.

🚀First target at 8.41.

🚀Second target near 7.5 (based on 1H EMA50 support).

🛡️Trading management: - Execution strategy: After reaching the first target, halve the position, and move the remaining stop loss down to the entry price. If the price breaks above 10.1 in the opposite direction, exit unconditionally.

After volume surge on the 4-hour chart with a long upper shadow, active sell orders begin to emerge. The 1-hour chart shows two consecutive candles failing to hold above the previous high of 9.66, bullish attack is blocked. Open interest remains stable but price stagnates, indicating a lack of new funds, some profit-taking signs are present. In this environment of high RSI combined with momentum divergence, the risk-reward ratio favors a correction.

Check real-time market 👇 $RAVE
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