$RAVE Signal】Left side dispatch, waiting for right side confirmation


$RAVE The 4H level price has broken above the upper Bollinger Band, RSI reaching 99, buying pressure shows a clear gap at high levels. The 1H MACD red histogram begins to shrink, bullish momentum diminishes. Although the order book wall is thick, there is a clear accumulation of sell orders above 1.4925, with funds supporting the bottom and selling pressure forming a standoff.

🎯Direction: Wait and see (waiting for a breakout or a pullback confirmation)

⚡Entry/Order: Breakout long order at 1.4969, pullback long order at 0.7564

🛑Stop loss: 0.4958

🚀Target 1: 1.4910

🚀Target 2: 1.4969

🛡️Trade management:
- Execution strategy: After the order is filled, take half profit at Target 1, move the remaining stop loss to the entry price. If the price cannot stabilize in the entry zone, exit decisively.

Current negative funding rate exerts some pressure on shorts, but price and open interest diverge, with poor risk-reward ratio chasing high at high levels. In this market, either wait for a volume breakout above the previous high of 1.6068 to confirm strength, or wait for a deep dip to the EMA50 area to release risk. Liquidity is thin in early weekend hours, and volatility will be amplified. Placing orders is safer than chasing the current price.

View real-time quotes 👇 $RAVE
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