【$RAVE Signal】Short squeeze pullback, sniper long positions for a second surge

$RAVE 1H timeframe consolidating at high levels, 4H Bollinger Bands fully open, price above upper band. RSI soaring to 93, buying pressure extremely crowded. But -0.52% funding rate has been crushed, short positions have high entry costs.

🎯Direction: Pullback to go long

⚡Entry/Order: Set a trap around 5.12, current price above 6.03 with heavy resistance, wait for a healthy pullback.

🛑Stop loss: 1.62155

🚀Target 1: 5.12079

🚀Target 2: 6.28720

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into entry zone, exit automatically to protect capital.

Order book depth shows sell walls stacked above 6.0, but buy orders around 5.98 are actively supporting. 1-hour MACD histogram begins to contract, momentum slightly slowing, creating conditions for a pullback. Position volume remains stable, no signs of large-scale exit. Under this negative funding rate, the price staying firm often builds up for the next short squeeze. Risk-reward ratio isn't perfect, but high volatility offers opportunities.

Check real-time market 👇 $RAVE
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