$RAVE Signal】Waiting for a deep correction, placing orders to ambush the bulls


$RAVE 1H level rally and pullback, Bollinger upper band on the 4H chart around 14.85 shows selling pressure, the latest 1H candle closes at 13.05, buy order depth imbalance reaches -85%, active sell orders dominate.

Price quickly retraced from the high of 14.8, although the 1H MACD red histogram is contracting, the fast and slow lines remain high, indicating weakening bullish momentum. The 4H EMA50 at 4.41 is significantly diverged from the current price, showing strong short-term pullback demand.

🎯Direction: Watch and wait, look for a pullback to add positions.

⚡Entry/Order placement: Gradually buy on dips between 7.72 and 8.50.

🛑Stop loss: 4.39

🚀Target 1: 14.38

🚀Target 2: 17.71

🛡️Trade management:
- Execution strategy: If the order is filled, reduce 50% of the position after reaching Target 1, and move the remaining stop loss up to the entry price. If the price does not reach the order level, stay on the sidelines and never chase the high.

Market data shows very thin buy orders, bid/ask ratio only 0.08, even slight sell orders could trigger a price dip. Under this depth structure, chasing the rally directly offers a poor risk-reward ratio. But the 4H MACD still shows a golden cross, the trend is not fully broken, and a safer strategy is to wait for the price to retest the 4H EMA20 (around 7.71) or previous high-volume zones, observing if funds will support the bottom. Stable open interest indicates holders are not panicking, leaving room for a potential rebound.

Check real-time quotes 👇 $RAVE
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