【$RAVE Signal】The short squeeze continues; pullbacks are an opportunity to go long

$RAVE 1H timeframe consolidating at high levels, signs of a gap in buy-side demand first begin to show, but the intention to provide capital support remains firm. The 4H MACD histogram bars are still expanding, and bullish momentum has not yet exhausted. Sell orders on the order book are stacked above 3.114, but buy orders are being filled densely around the 3.112 area, forming a subtle balance.

🎯 Direction: Long

⚡ Entry/Order: Go long on a pullback near 3.088; aggressive traders can also try a small position at the current price of 3.113.

🛑 Stop loss: 1.20972

🚀 Target 1: 3.43655

🚀 Target 2: 4.17882

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to the breakeven level. If the price falls back to the entry level, exit automatically to protect principal.

Funding rate is as low as -0.559%, yet open interest remains stable—this is a typical short squeeze structure. The 1H RSI is blunted around 75, indicating that funds are continuously pushing higher. The 1H Bollinger upper band is at 3.198, leaving room for further upside. In this kind of environment, keeping the price resilient is the strongest logic; short covering pressure will continue to provide fuel. The risk-reward ratio isn’t perfect, but the core of momentum trading is to follow the flow of capital rather than chasing perfect entry points.

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