【$RAVE Signal】Pullback to go long / Short squeeze game

$RAVE H timeframe experiencing a major shakeup at high levels, that needle-like pattern is too deliberate. After a gap in buying, the price was quickly pulled back. The 4H MACD bullish crossover structure is still in place, but the 1H MACD has already formed a death cross, with momentum shifting extremely fast. The order book shows very thick limit orders around 2.03, and the intention to support the market is fully exposed. Negative funding rate of -0.22% together with stable open interest suggests the short side’s passive situation has not changed.

🎯Direction: Pullback to go long

⚡Entry/Order placement: Lay in near the lower boundary of the 1.32474 - 2.01610 range

🛑Stop loss: 0.81540

🚀Target 1: 2.34343

🚀Target 2: 2.85277

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

After such fierce volatility, the price staying firm often means the main players have not exited. The 1H RSI has fallen from overbought territory back to 59, leaving room for another build-up. Combined with negative funding rates and stable open interest, the market has potential fuel for a short squeeze. The current risk-reward ratio isn’t perfect, but during the liquidity drought in the early hours of the weekend, this deliberate needle pattern looks more like a clearing of floating profits and positions. The key is whether the dense limit-order zone below can hold.

Check real-time market 👇 $RAVE
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