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$RAVE Signal】Pullback to go long, wait for deep consolidation before a second surge
$RAVE 1H level rally and pullback, Bollinger upper band around 14.98 shows selling pressure, buying depth is imbalanced -24.14%, active sell orders are starting to accumulate.
Price quickly retraced from 14.8, although the 1-hour MACD histogram is expanding, the bullish momentum is weakening, and the 4-hour level has already moved out of the Bollinger upper band. Currently around 13.7, bulls and bears are fighting, risk-reward ratio is not ideal, better entry points are needed.
🎯Direction: Pullback to g