【$RAVE Signal】Pullback to Long! 1H retraces EMA20, 4H upward trendline support, obvious signs of main force defending the market

$RAVE The 1H timeframe is currently retracing EMA20 (0.3629) at a key support level, with the price healthy retracement from the high of 0.405. The 4H timeframe remains in an upward channel, with the current price at the resonance zone of the lower channel boundary and previous breakout level, making it an excellent short-term long entry point. Open interest remains stable, the price is declining but has not triggered large-scale liquidations, indicating main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.3600 - 0.3630 (Reason: 1H EMA20 dynamic support + 4H upward trendline + previous dense trading zone upper boundary )

🛑Stop Loss: 0.3520 (Reason: Breaks below the 4H key previous low of 0.3554, and ATR(14) lower band )

🚀Target 1: 0.3850 (Reason: Recent rebound high resistance level )

🚀Target 2: 0.4000 (Reason: Psychological level near previous high of 0.405 )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin volatility is extremely high, ATR reaches 0.037 )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through 0.3850, hold the remaining position towards Target 2.

Deep logic: Market depth data shows buy orders accumulating around 0.3626 (710K), forming local support. The 1H RSI (52.64) is in a neutral to slightly strong zone, with room to rise. Although the latest 1-hour candlestick closed lower, volume has decreased, indicating a healthy retracement. The overall structure on the 4H timeframe remains intact, combined with market logic suggesting “price rising, main force entering or bears stepping on the brakes,” currently more inclined to be a consolidation shakeout in an uptrend.

View real-time quotes 👇 $RAVE

---

Follow me: Get more real-time analysis and insights into the crypto market!

‍#我在Gate广场过新年 #当前行情抄底还是观望？ $BTC $ETH $SOL