【$RAVE Signal】Short squeeze continues, second wave targeted after 1H pullback confirmation

$RAVE The 1H timeframe is consolidating strongly near historical highs, with a new support level forming around 0.506. The 4H timeframe shows a massive bullish breakout with a long green candle, establishing the trend. Currently, it is a healthy pullback. Although the 1H RSI is high, it is not showing divergence. The order book depth indicates solid buying interest. This is a typical accumulation phase after a short squeeze, and the second wave of upward movement is about to begin.

🎯Direction: Long (Long)

🎯Entry/Order: 0.502 - 0.505 (Reason: 1H EMA20 dynamic support zone resonating with the lower boundary of the consolidation platform )

🛑Stop Loss: 0.485 (Reason: Break below the previous 1H large bullish candle low and the 4H breakout structure )

🚀Target 1: 0.535 (Reason: Previous high resistance level and 1.272 Fibonacci extension level )

🚀Target 2: 0.560 (Reason: 1.618 Fibonacci extension level and psychological round number )

🛡Trade Management:

- Position Size: Light (Reason: Daily increase exceeds 28%, volatility is extremely high )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.535, trail the stop loss to below 0.520 to seek greater gains.

Depth Logic: The 4H volume is expanding exponentially, a clear signal of main capital entering. Open interest remains stable and does not decline during consolidation, indicating that long positions are not being liquidated en masse but are instead rotating or adding. The order book shows dense buy orders in the 0.5057-0.5061 range, with relatively dispersed sell pressure, providing a micro-structure basis for an upward breakout. The 1H RSI is at 77.9 but not exhausted. Combined with rising volume and price, this indicates a strong market. The current strategy is to target strong pullbacks and play the trend continuation.

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