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【$RAVE Signal】Bullish defense line broken, current price directly shorted
$RAVE 1H level MACD bearish crossover, histogram continues to expand. 4H level price surged then pulled back, RSI soared to 89 then quickly cooled down, clear signs of buying exhaustion. Market depth shows selling pressure accumulating above 2.100, weak willingness of funds to support the bottom.
Bullish defense line broken, current price directly shorted.
⚡Entry: 2.09252
🛑Stop loss: 0.92028
🚀Target 1: 2.60352
🚀Target 2: 3.16460
🛡️Trading management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.
Funding rate -0.133%, short position cost is very low. Position volume stable but price cannot sustain high levels, a typical pump-and-dump pattern. 1H level price has broken below EMA20, support below is weak. This risk-reward ratio is worth trying, but beware of extreme reverse volatility in hot coins.
View real-time market 👇 $RAVE
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