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【$RAVE Signal】Pullback to go long / Short squeeze betting game
$RAVE 1H level surges then falls back, 4H MACD shows a bullish crossover above the water but momentum is shrinking.
Order book buy orders are stacked heavily around 2.03, revealing capital support intentions.
Negative fee rate -0.22% combined with firm prices indicate short positions face squeeze risk.
🎯Direction: Long
⚡Entry/Order placement: Batching in the range of 1.32474 - 2.01610
🛑Stop loss: 0.81540
🚀Target 1: 2.34343
🚀Target 2: 2.85277
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even.
- If price falls back into the entry zone, automatically exit to protect principal.
1H RSI dropped from a high of 89 to 59, easing short-term overheating.
4H Bollinger upper band at 2.4960 still has room, but the bandwidth of 246% indicates extremely high volatility.
Current risk-reward ratio of 0.27 is not ideal, but in a negative fee rate environment, price rejection of deep declines itself signals strength, suitable for small positions betting on short squeeze.
Check real-time market 👇 $RAVE
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