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【$RAVE Signal】Long squeeze, short squeeze market under negative fee rate
$RAVE 1H level buy order gap, RSI surging to 83.6, 4H MACD histogram still expanding. Negative fee rate -0.559% combined with stable open interest, bears passively absorbing the sell-off.
🎯Direction: Long
⚡Entry/Order: Enter around current price 3.088 directly, aggressive traders can place a breakout order at 3.115.
🛑Stop loss: 1.20972
🚀Target 1: 3.43655
🚀Target 2: 4.17882
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.
Sell orders are stacked above 3.114, order book depth imbalance of -55.37% indicates light selling pressure above. In this negative fee environment, the price remains firm, often a sign of a short squeeze, with risk-reward ratio not perfect but momentum enough to cover risk. 1H Bollinger Bands opening upward, price stabilizing above the upper band, indicating clear intent of active capital pushing higher.
Check real-time market 👇 $RAVE
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