【$RAVE Signal】Long pursuit on the right side reaching new highs

$RAVE 1H level surging and pulling back, current price consolidating around 1.48. The 4H Bollinger Bands are fully open, price has broken above the upper band, MACD double lines continue to diverge upward, momentum remains. The 1H RSI has fallen from overbought territory to 73, after a gap in buying pressure, support has appeared, EMA20 forms dynamic support at 1.11. The order book shows buy one to buy three orders far thicker than sell orders, indicating clear capital support intentions.

🎯Direction: Long

⚡Entry: Enter directly around the current price of 1.48

🛑Stop Loss: 0.4556

🚀Target 1: 1.4840

🚀Target 2: 1.4899

🛡️Trade Management: - Execute strategy: halve position at Target 1, keep the rest to protect capital. Exit and observe if price retraces to entry level.

This rapid surge followed by high-level consolidation shows stable position volume, quick absorption of selling pressure, indicating limited floating chips. The 1H volume shrinks but price does not fall sharply, a typical strong consolidation. The risk-reward ratio is not ideal, but Hot Coin’s lifecycle is very short. This position bets on the inertia of main funds pushing higher again, and stop-loss must be firm.

Check real-time market 👇 $RAVE
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