【$RAVE Signal】Pullback to buy/volume breakout at the bottom

$RAVE 1H level RSI surges to 95, price has broken out of the 4H Bollinger upper band, initial signs of a buy order gap. The 4H MACD histogram is still expanding, but the 1H histogram begins to contract, indicating a first divergence in momentum. Sell orders on the order book are clearly stacking above 0.6795, increasing short-term resistance for an upward attack.
🎯Direction: Pullback to go long
⚡Entry/Order: 0.475 - 0.487
🛑Stop loss: 0.390
🚀Target 1: 0.875
🚀Target 2: 1.068
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Over the past 4 hours, trading volume has increased nearly tenfold, while open interest remains stable, indicating this is not purely a pump and dump. The 20 EMA on the 1H chart forms the first line of defense around 0.49, closely aligning with the suggested entry zone. Although the funding rate is positive, it is not extreme, so short squeeze risk is temporarily manageable. Such volume breakout levels, with a first pullback to the trendline, often offer the best risk-reward entry point, emphasizing patience at entry rather than chasing highs.
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