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【$RAVE Signal】Buy orders lying in wait, anticipating a deep pullback
Depth imbalance -15.17%, 4H MACD bullish momentum is clearly contracting, and the 1H Bollinger Band middle line at 0.7123 has become the recent dividing line between bulls and bears. Although sell-side depth is being suppressed, the price has fallen by more than 30% from the high of 1.08, and the sell-side pressure is gradually easing. Entries at lower levels often offer a good risk-reward ratio—wait for the trigger.
🎯 Direction: Long (Pending order)
⚡ Entry / Pending order: 0.6960 (recommended lower limit of the range)
🛑 Stop loss: 0.6904
🚀 Target 1: 0.7382
🚀 Target 2: 0.7411
🛡️ Trade management: - After reaching Target 1, reduce position size by 50%, and move the stop loss up to breakeven at 0.6960. If the price drops back into the entry level, automatically exit.
Current price 0.7387 is far from the pending order; the funding rate is normal, OI is stable—waiting for a retracement to test support around 0.6960.
Check the live market 👇 $RAVE
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