【$RAVE Signal】Confirmation after pullback, bulls strike again, strong breakout on the 1H timeframe

$RAVE The 1H timeframe price has surged above the upper Bollinger Band, RSI soared to 87.45, initial signs of buy-side order gaps. The 4H timeframe also broke out above the upper band, MACD double lines opening upward, bullish momentum still expanding. Market depth shows buy orders significantly thicker than sell orders, revealing capital support intentions.

🎯Direction: Long

⚡Entry/Order: 4.90918

🛑Stop loss: 1.40275

🚀Target 1: 4.23695

🚀Target 2: 5.18169

🛡️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.

Current negative funding rate is as high as -0.7866%, but open interest remains stable, price is holding firm, and there is a possibility of a short squeeze. The 1-hour volume significantly increased during price rally, indicating active capital attack. The risk-reward ratio at this position requires calm assessment; upside space and pullback risks coexist, strict risk control is the only choice.

View real-time market 👇 $RAVE
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨