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【$RAVE Signal】Short squeeze pullback, 1H level secondary rally
$RAVE The 1H level price is firmly near the upper Bollinger band at 1.1533, the 4H MACD bearish momentum continues to shrink, buying depth is unbalanced at -39.28%, but the price refuses to dip sharply, a typical high-level turnover structure after a short squeeze.
🎯Direction: Pullback to go long
⚡Entry/Order: Enter directly around 1.16502
🛑Stop loss: 7.23888
🚀Target 1: 7.06653
🚀Target 2: 7.00907
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back to the entry level, exit automatically to protect capital.
The 1H MACD histogram has turned red, and the price is above the short-term moving averages, indicating clear support from funds. Although the 4-hour Bollinger bands are highly expanded, suggesting high volatility, the positive funding rate and stable open interest show that bulls have not exited. Under this structure, any pullback above key support is a washout of floating positions. The current risk-reward ratio is clear, and risk is controllable.
View real-time quotes 👇 $RAVE
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