【$RAVE Signal】Short squeeze continues, pullback is a buy signal

$RAVE 1H timeframe high-level sideways consolidation, price firmly near the upper Bollinger Band. 4H MACD fast and slow lines are opening upward, bullish momentum is still expanding. Market depth shows buy orders far exceeding sell orders, fully exposing the capital support intent.

🎯Direction: Pullback to buy

⚡Entry/Order: Buy directly near 5.50 on pullback, aggressive traders can also try a small position at the current price of 5.53.

🛑Stop loss: Below 1.60295

🚀Target 1: 5.53215

🚀Target 2: 5.55430

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

Negative fee rate -0.5% combined with stable position size, the bearish passive situation remains unchanged. The 1-hour RSI has fallen from the overbought zone to 77, providing a healthy pullback space. Under this structure, the price rejecting a deep correction itself is the strongest signal; although the risk-reward ratio isn't perfect, the trend-following approach is advantageous.

Check real-time market 👇 $RAVE
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