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【$RAVE Signal】Pullback confirmation, right-side sniper
$RAVE 1H level shrinking pullback to EMA20, buying order gaps fully expose the capital support intention. 4H Bollinger Bands are extremely expanded, price is above the upper band, MACD histogram is still enlarging. RSI surges to 98, indicating severe overbought, but open interest remains stable, and funding rate at 0.1695% shows continued short squeeze pressure.
🎯Direction: Long
⚡Entry/Order: 0.666 - 0.684
🛑Stop loss: 0.494
🚀Target 1: 1.441
🚀Target 2: 1.820
🛡️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.
Order book depth shows a very thick order above the first sell order at 1.05451, with over 1,100 coins, forming a direct resistance. But 1H volume shrinks during price pullback, quickly digesting selling pressure. This kind of volume contraction combined with high funding rates often signals bullish accumulation, with a risk-reward ratio over 4:1 worth trying.
Check real-time market 👇 $RAVE
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