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Huang Yu | RAVE/USDT Short: Intercepting Extreme Surge and Pullback 🐉
Market Observation: The 1-hour chart shows that after experiencing parabolic growth, the price encountered strong selling pressure around 14.80 and left a long upper shadow (Shooting Star), indicating that liquidity above has been swept clean.
Trading Logic: The price is severely deviated from the moving average, and a momentum exhaustion signal appears at a key resistance level, suggesting a technical deep correction.
Parameter Settings:
Entry (Entry): Around 12.43 - 13.55.
Stop Loss (SL): 14.80.
Take Profit (TP): 9.25.
Reminder: The cryptocurrency market is highly volatile. Please strictly execute stop-loss orders and control your position size according to your risk tolerance! 🧧$RAVE