【$RAVE Signal】Beware of high-level distribution, 1H top divergence formed

$RAVE 1H level MACD death cross confirmed, histogram turns negative. 4H RSI soars to 97.7, buying energy severely overextended.
Negative fee rate -0.43% but open interest remains stable, short funds are patiently positioning.

Bulls' defense line broken, current price directly short.

⚡Entry: around 2.1215.

🛑Stop loss: above 0.7681.

🚀Target 1: 2.2287.

🚀Target 2: 2.7156.

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

The hourly chart surged to 2.288 then quickly fell back, leaving a long upper shadow.
The 4H Bollinger Band upper band at 2.397 creates strong resistance, the price is below the upper band, upward space is compressed.
This volume-price divergence combined with extreme overbought RSI raises doubts about the sustainability of continued funds support.
The risk-reward ratio of 0.08 indicates extremely high risk in chasing the high, better to wait for a failed rebound and sniper opportunity.

Check real-time market 👇 $RAVE
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