$RAVE 1H level is testing a key support zone, with the 4H level finding support near the EMA50, indicating short-term momentum may recover. The price experienced a healthy correction after a 23% surge, and stable Open Interest (OI) shows that funds have not significantly withdrawn. This is a typical strong coin shakeout pattern.

🎯Direction: Long (Long)
🎯Entry/Orders: Enter in batches within the 0.3550 - 0.3600 range
🛑Stop Loss: 0.3380 (Below the previous 4H candle low)
🚀Target 1: 0.3920 (Near previous high resistance)
🚀Target 2: 0.4050 (Post-breakout target after surpassing previous high)
🛡️Trading Management:
- Position size suggestion: Light (Reason: Price is in a high-level correction with extremely high volatility)
- Execution strategy: Build positions in three batches at 0.3550, 0.3580, and 0.3600. After reaching Target 1, reduce position by 50% and move the stop loss to the entry average price. Hold the remaining position for Target 2.
Deep logic: The 4H chart shows the price oscillating below EMA50 (0.3900), but the correction lows are gradually rising, forming a potential ascending triangle. The current price has retested the recent dense zone of 4H candles at the upper boundary (0.355-0.365). Although 1H data is missing, combined with order book depth, sell orders are sparse, and buy orders are accumulating around 0.361, indicating strong support below. The Open Interest remains stable after significant price fluctuations, suggesting that long positions have not been wiped out, and major players may be defending the price. RSI 14 (49.8) is neutral, leaving room for further upward movement. This is a typical "sharp rise - healthy correction - second surge" pattern.
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