【$RAVE Signal】Pullback to Long! 1H Retracement Confirmation, Main Force Showing Signs of Support

$RAVE The 1H level experienced a sharp surge yesterday and is currently in a healthy flag pattern consolidation zone (0.373 - 0.392). The 4H level has stabilized above the EMA20 (0.3509), and the overall upward trend remains intact. The current 1H candlestick retraced to near the EMA20 (0.3621) for support, and RSI (57.25) has not entered overbought territory, providing an excellent secondary entry opportunity. Market depth data shows buy order depth (bid_ask_ratio_depth: 1.34) exceeds sell orders, indicating strong support from the main force.

🎯Direction: Long (Long)

🎯Entry/Order: 0.375 - 0.378 (Enter near the current price directly, or wait for a slight retracement for confirmation)

🛑Stop Loss: 0.368 (Break below the lower boundary of the 1H consolidation zone and previous low)

🚀Target 1: 0.392 (Previous high resistance, first take-profit level)

🚀Target 2: 0.405 (Extension target after breaking previous high)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Intraday volatility is extremely high, reaching 34%, strict risk control is necessary )

- Execution strategy: After reaching Target 1 at 0.392, reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 0.378. If the price strongly breaks through 0.392 and stabilizes, hold the remaining position to target 0.405.

Depth Logic: Over the past 24 hours, the price surged sharply but open interest (OI) remained stable, indicating this is not just a short squeeze but also driven by new funds entering the market. The buy/sell transaction ratio on the 1H level has repeatedly exceeded 0.5, showing active buying. Currently, the price is building momentum below the 4H EMA50 (0.3906); once volume increases and breaks through, it will open new upside space. A large number of buy orders are stacked in the 0.373-0.375 area below, forming a strong support.

View real-time market 👇 $RAVE

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