$RAVE 1H level experienced a sharp shakeout during the early session, then at 06:00-07:00, it surged with high volume through the key resistance at 0.308, and strongly held above the 1H EMA50 (0.3052), forming a V-shaped reversal. Although the 4H level is still in the rebound phase after a downtrend, a single 4H bullish candle has a large real body, engulfing the previous two days' declines, indicating strong buying pressure. Negative funding rate (-0.0005%) combined with strong price action suggests potential for a short squeeze.


🎯Direction: Long (Long)
🎯Entry/Order: 0.304 - 0.307 (Reason: Rebound to the 1H EMA50 support zone and confirmation after breakout )
🛑Stop Loss: 0.295 (Reason: Break below the 1H massive volume low at 0.287 )
🚀Target 1: 0.325 (Reason: Previous wave high and initial resistance at 4H level )
🚀Target 2: 0.345 (Reason: Resistance at the lower boundary of the platform before the February 22 crash )
🛡️Trading Management:
- Position suggestion: Light position (Reason: Extremely high intraday volatility, ATR reaches 0.0241 )
- Execution strategy: After reaching 0.325, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.307. If the price fails to hold above 0.307 and falls back, exit all positions.
Deep logic: Market logic indicates “price rising, consider position size based on open interest,” currently OI is stable, and the price is rising driven by buying pressure, leaning more towards main players entering rather than pure short covering. The 1H RSI (64.37) is in a healthy bullish zone with room to go higher. Market depth (bid_ask_ratio_depth: 1.84) significantly favors bids over asks, with dense support below. This rally, with volume and price action aligned, is a typical short-term momentum breakout, prioritizing continuation bets.
Check real-time quotes 👇 #Gate广场发帖领五万美金红包 $BTC $RAVE
RAVE43,51%
BTC-1,17%
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