【$RAVE Signal】Pullback to Long + Healthy Retracement After 4H Strong Breakout

$RAVE The 1H timeframe is currently in a healthy retracement phase after a strong rally, with the price oscillating around 0.491, testing the 1H EMA20 (0.4606) support. The 4H timeframe has experienced a massive volume breakout from the previous consolidation zone, indicating a trend reversal to bullish. The current pullback presents an excellent second entry opportunity. Open interest remains stable, funding rates are healthy, buy-side depth is dominant, and the main force’s intention to defend the price is clear.

🎯Direction: Long (Long)

🎯Entry/Order: 0.4850 - 0.4880 (Reason: Retracement to 1H EMA20 support zone and previous hour’s low)

🛑Stop Loss: 0.4750 (Reason: Break below the previous 4H candle low of 0.48017, indicating potential trend weakening)

🚀Target 1: 0.5180 (Reason: Testing previous high resistance level)

🚀Target 2: 0.5360 (Reason: Breakout above previous high and 1.618 Fibonacci extension level)

🛡️Trade Management:

- Position Size: Standard lot (Reason: Clear 4H trend and well-defined 1H retracement structure)

- Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If the price encounters resistance near Target 1 and falls below the 1H EMA20, exit all positions.

Depth Logic: A single 4H candle with volume surging tenfold is a classic signal of main force building a position. The current 1H RSI(68.48) has healthyly retreated from overbought territory, preparing for another upward move. Market depth shows buy orders accumulating (bid_ask_ratio_depth: 0.62), with strong support below. Open interest remains stable after the price surge, indicating strong bullish confidence and not just short covering. The market logic suggests that price increases are supported by stable positions, favoring main force’s intervention and bullish outlook.

View real-time market 👇 $RAVE

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