【$RAVE Signal】Pullback to go long, negative fee rate short squeeze game

$RAVE 1H level surge and fall back, price quickly retraced from 14.8 to around 13.3. The upper band of the 4H Bollinger Bands at 14.9 acts as resistance, 1H MACD histogram shrinks, bullish momentum temporarily slows down.

Order book depth imbalance -52.31%, sell orders are significantly thicker than buy orders, but the funding rate is abnormally extreme at -2.00%, with very high short position costs. This divergence between depth and rate often foreshadows a fierce short squeeze. Open interest remains stable, no large-scale capital outflow observed.

🎯Direction: Pullback to go long

⚡Entry: Place orders near the lower end of the suggested range at 7.75. If the price surges directly, abandon chasing the high.

🛑Stop loss: Strictly below 4.40.

🚀Target 1: First target at 14.44.

🚀Target 2: Second target at 17.78.

🛡️Trade management: - Execution strategy: Reduce half of the position after reaching 14.44, move the remaining stop loss up to the entry price. If the price cannot hold above 13.26, consider exiting early.

Negative fee rate is the current core contradiction. Although the order book looks favorable for bears, it is actually precarious. The 1H EMA50 at 9.05 provides room relative to the entry zone, offering a good risk-reward ratio. Under this structure, it’s better to sacrifice some position to ensure enough safety margin to play the pulse caused by short covering.

Check real-time market 👇 $RAVE
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