【$RAVE Signal】Pullback to Long + 4H Support Confirmation and 1H Momentum Repair

$RAVE The 1H timeframe is testing the key support zone, while the 4H level has found support near the EMA50, indicating short-term momentum may recover. After experiencing a 23% surge, the price is healthy and pulling back, with stable open interest showing no significant fund withdrawal. This is a typical strong coin shakeout pattern.

🎯Direction: Long (Long)

🎯Entry/Orders: Enter in batches within the 0.3550 - 0.3600 range

🛑Stop Loss: 0.3380 (Below the previous 4H candle low)

🚀Target 1: 0.3920 (Near previous high resistance)

🚀Target 2: 0.4050 (Post-breakout of previous high)

🛡️Trade Management:

- Position Size Recommendation: Light (Reason: Price is in a high-level pullback with extremely high volatility)

- Execution Strategy: Build positions in three batches at 0.3550, 0.3580, and 0.3600. After reaching Target 1, reduce position by 50% and move stop loss to the entry average price. Hold the remaining position to aim for Target 2.

Deep Logic: The 4H chart shows the price oscillating below the EMA50 (0.3900), but the pullback lows are gradually rising, forming a potential ascending triangle. The current price has retested the recent dense zone of 4H candles at the upper boundary (0.355-0.365). Although 1H data is missing, combined with order book depth, sell orders are sparse, and buy orders are accumulating around 0.361, indicating strong support below. Open interest remains stable after significant price swings, suggesting that long positions are not being wiped out and major players may be defending the market. RSI 14 (49.8) is neutral, leaving room for further upward movement. This is a typical “sharp rise - healthy correction - second surge” pattern.

View real-time market 👇 $RAVE

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #加密市场反弹