【$RAVE Signal】1H level short squeeze, capital support intentions exposed

$RAVE 1H level RSI skyrocketed to 98.7, price surged to the upper band of Bollinger Bands. The 4H MACD shows a sustained bullish crossover, indicating ongoing bullish momentum. Market depth shows sell orders accumulating around 1.137, but buy orders are surprisingly thick around 1.135, fully revealing the capital support intention.

🎯Direction: Long

⚡Entry/Order: 0.597 - 0.613

🛑Stop Loss: 0.452

🚀Target 1: 1.256

🚀Target 2: 1.578

🛡️Trade Management:
- Execution Strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If the price falls back to the entry level, automatically exit to protect principal.

4H level position remains stable; after a 261% surge, no large-scale exits occurred, and funds are still actively trading within the market. The 20 EMA on the 1H chart forms a dynamic support at 0.616, closely aligning with the suggested entry zone. The current fee rate of 0.12% is not extreme, but combined with the depth of buy orders and MACD divergence convergence, this position has a risk-reward ratio exceeding 4, making it worthwhile to set up for a second rally after a pullback.

Check real-time market 👇 $RAVE
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate上线Pre-IPOs #加密市场小幅下跌 #原油小幅上涨