【$RAVE Signal】Pullback to buy! 1H volume contraction and testing EMA20, main force clearly protecting the market

$RAVE On the 1H timeframe, after yesterday's sharp rise, a healthy volume contraction and pullback is underway, with the price oscillating just above the 1H EMA20 (0.6329). Looking at the 4H level, the price remains firmly above EMA20 (0.5682), and the upward trend structure is intact. Currently, the buy order depth far exceeds the sell order depth (imbalance 36.09%), and open interest remains stable, indicating that the main force has not exited the market. This is a typical strong consolidation, building momentum for the next rally.

🎯Direction: Long (Long)

🎯Entry/Order: 0.6350 - 0.6400 (Reason: 1H EMA20 dynamic support zone, also the lower boundary of the current dense trading area )

🛑Stop loss: 0.6250 (Reason: Break below yesterday's 4H large bullish candle's mid-support and ATR lower band )

🚀Target 1: 0.6750 (Reason: Previous high resistance level, also the 4H Fibonacci 0.618 extension level )

🚀Target 2: 0.7000 (Reason: Psychological round number and historical high region )

🛡️Trading management:

- Position suggestion: Standard position (Reason: Clear trend structure, defined support, risk-reward ratio >1.5 )

- Execution strategy: After reaching 0.6750, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.6400. If the price cannot hold above 0.6750 and falls back, exit all positions.

Depth logic: Over the past 24 hours, the increase has exceeded 10%, but open interest remains stable, indicating it is not purely FOMO chasing the rise but genuine capital accumulation. The 1H RSI (54.95) has retreated from high levels to a healthy zone, providing room for another upward move. Buy order depth is 2.13 times thicker, with a large number of buy orders stacked in the 0.635-0.638 range, forming a strong support barrier. Combining market logic indicating “price rising + stable holdings,” this appears to be an orderly shakeout under the control of the main force rather than a bearish sell-off.

View real-time market 👇 $RAVE

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