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$RAVE Signal】Pullback to Long + 1H level retest confirmation, betting on a secondary rally
$RAVE The 1H level has experienced a massive surge and is currently in a healthy retracement phase with decreasing volume. The price has found initial support above the 1H EMA20 (0.6616). Meanwhile, the 4H level has strongly broken through the previous consolidation range, turning the trend bullish. Under the current negative funding rate environment of (-0.0357%), the price remains firm, with potential for short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 0.6720 - 0.6750 (Reason: Retracement to 1H