【$RAVE Signal】Short squeeze, retest of the second upward move

$RAVE 1H level surge followed by a pullback, current price 13.41. The 4H Bollinger Band upper band at 13.61 forms short-term resistance, but the 1H EMA20 (10.46) and EMA50 (8.14) have already formed a bullish alignment to support. The key point to watch is the funding rate at -0.34%, with high short position costs, indicating potential for a short squeeze. The order book shows a buy depth ratio of 38.56%, and there is a willingness to absorb downward pressure.

Price around 13.34 can attempt to go long, as this is a retest zone after the previous breakout.

🛑 Stop-loss must be placed at 3.99, leaving room for abnormal volatility.

🚀 First target at 13.40, close to the previous high.

🚀 Second target at 13.46, a breakout would open up space.

🛡️ Trading management: - Execution strategy: after reaching target 1, halve the position, and move the stop-loss of the remaining position up to the entry price. If the price cannot stabilize in the entry zone, exit decisively.

The 1H MACD histogram is still expanding, but RSI has fallen back from a high of 66.78, indicating a healthy correction. The 4H MACD has formed a golden cross and is opening upward, showing trend momentum remains. Position volume is stable, with no signs of large-scale profit-taking. The current risk-reward ratio is acceptable, focusing on capturing the short covering driven by funding rate suppression.

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