【$RAVE Signal】Short squeeze pullback, long positions hidden

$RAVE 1H level MACD death cross, price has fallen from the 1.94 high to hover around 1.70. 4H level buy orders are broken, but there is a thick order wall at the 1.695-1.70 area below, fully exposing the capital support intention. Open interest remains stable, and the rate is neutral, which is a typical high-level turnover structure rather than distribution.

🎯Direction: Pullback to go long

⚡Entry/Order: Enter directly in the 1.69576 - 1.70 area

🛑Stop loss: 0.58665

🚀Target 1: 1.60184

🚀Target 2: 1.94023

🛡️Trade management: - Execute strategy: reduce 50% after reaching Target 1, and move stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect principal.

1H RSI has fallen from overbought to 68.9, providing a healthy pullback space. The upper band of the 4H Bollinger Bands at 1.78 forms short-term resistance, but the midline at 1.46 is a strong support. Market depth shows sparse sell orders, with large buy orders concentrated, often indicating a quick upward piercing. The current risk-reward ratio is not perfect, but Hot Coin’s lifecycle is very short, and this clear capital support structure is worth a small position to gamble on a short squeeze rebound.

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