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

$RAVE 1H timeframe consolidating at high levels, 4H Bollinger Bands opening upward, price staying below the upper band. RSI soaring to 81.74, indicating overbought conditions, but funding rate is -0.17%, short positions have high holding costs, forming a typical short squeeze environment. The order book shows a large accumulation of 761 lots around 2.863, while buy-side depth appears somewhat weak, but the price refuses to dip sharply.

🎯Direction: Pullback to buy

⚡Entry/Order placement: Lurk around 2.55, strictly within the recommended range of 1.80981 - 2.84836

🛑Stop loss: 1.12475

🚀Target 1: 3.17994

🚀Target 2: 3.86501

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

In a negative funding rate environment, open interest remains stable, but the price is holding firm at high levels, clearly showing a passive short squeeze situation. The 1-hour MACD fast and slow lines are still diverging upward, momentum is not exhausted, but caution is needed for a quick pullback after RSI reaches high levels and stalls. Under this structure, chasing the high directly offers poor risk-reward, patience for a decent correction to shake out weak longs is a more prudent sniper point. The 2.43-2.55 zone below has been tested multiple times recently and is near the 1H EMA50, likely to concentrate buying power.

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