$RAVE Signal】Long! 1H strong breakout, funding long squeeze in progress



$RAVE The 1H timeframe just experienced a historically massive volume surge, with the price breaking through all short-term moving averages. Currently, it is consolidating strongly at high levels. The 4H timeframe confirmed an uptrend with a massive bullish candle. Although RSI has entered the overbought zone, open interest remains stable and the funding rate is as high as 0.1891%, indicating that bears are being squeezed out. This is a typical hot coin momentum market; pullbacks are opportunities.

🎯Direction: Long (Long)

🎯Entry/Order: Enter directly in the 0.507 - 0.510 range (Reason: The current strong consolidation support at the lower boundary, with dynamic support from the 1H EMA20 )

🛑Stop Loss: 0.495 (Reason: Break below the previous 1H candle low and ATR(0.0238)lower band )

🚀Target 1: 0.535 (Reason: Previous high resistance and 1.382 Fibonacci extension level )

🚀Target 2: 0.560 (Reason: 1.618 Fibonacci extension level, psychological round number )

🛡️Trading Management:

- Position Size Recommendation: Light (Reason: RSI is overbought, volatility is extremely high, strict risk control is needed )

- Execution Strategy: After the price reaches 0.535, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.510. If the price strongly breaks through 0.535 and stabilizes, hold the remaining position towards 0.560.

Deep Logic: Over the past 4 hours, trading volume exploded, but open interest remains stable. This is not just profit-taking by longs but indicates new funds entering. Market depth shows buy-side accumulation (bid_ask_ratio_depth: 1.22), with dense support below. High funding rates are a double-edged sword, but in the context of strong sideways price action without decline, they are more likely to trigger short squeezes. Although 1H RSI is high, it has not become dull; momentum is still present.

Check real-time market 👇 (
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