【$RAVE Signal】Long | 1H Breakout and Retest Confirmation, Major Player Support Intent Clear

$RAVE 1H level built a solid platform near 0.270 then surged on volume increase, price has stood firmly 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 turning from weak to strong.

🎯Direction: Long

⚡Entry/Orders: Batch entry in 0.257 - 0.264 range

🛑Stop Loss: 0.254

🚀Target 1: 0.301

🚀Target 2: 0.320

🛡️Trade Management:
- Execution Strategy: After price touches the first target 0.301, it's recommended to reduce position by 50%, and move the stop loss of remaining position up to near entry price, locking in profits while preserving the possibility of further upside. Remaining position can observe volume changes, if it continues to expand then hold for 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 looks more like a "pressure test wall" set by major players. The fact that price remains firm under such selling pressure, and open interest (OI) stays stable, indicates strong support from below. This is not retail behavior, but rather capital actively supporting the market and testing upper selling pressure, preparing for subsequent rallies. 1-hour RSI is close to 70 but not yet in overbought territory, still room for upside.

View Live Charts 👇 $RAVE
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