【$RAVE Signal】Long | 1H Breakout and Retest Confirmed, Bullish Intent of Major Players Evident

$RAVE 1H level showed significant volume increase after establishing a solid platform near 0.270, price has stabilized above short-term moving averages, bullish momentum is accumulating. On 4H level, price has broken through the upper edge of the previous consolidation range, trend structure is shifting from weak to strong.

🎯Direction: Long

⚡Entry/Pending Orders: Batch entries in 0.257 - 0.264 range

🛑Stop Loss: 0.254

🚀Target 1: 0.301

🚀Target 2: 0.320

🛡️Trade Management:
- Execution Strategy: After price reaches the first target of 0.301, it is recommended to reduce position by 50%, and move the stop loss of remaining position to near entry price, locking in profits while preserving the possibility of further upside. Remaining position can monitor volume changes; if volume continues to expand, hold to target the second target.

Deep Logic: Order book data reveals key information. Although the bid-ask spread is minimal, appearing balanced, careful observation of sell orders shows massive sell orders of 801 and 1871 accumulated at 0.2779 and 0.2790 price levels respectively, which appears more like a "stress test wall" set by major players. The fact that price remains firm against such selling pressure, while open interest (OI) remains stable, indicates strong support from below. This is not retail behavior, but rather active capital supporting the price and testing upper selling pressure to prepare for subsequent rallies. 1-hour RSI is close to 70 but has not entered overbought territory, there is still room for upside.

View Live Chart 👇 $RAVE
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