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RAVE Analysis
The 1-hour timeframe still maintains a strong bullish trend, with the price continuously rising along the middle Bollinger Band. The overall upward channel is intact, and the pullback is a normal consolidation. Although the KDJ indicator is at a high level, no clear death cross has appeared. The bullish capital has strong support, and trading volume has not significantly shrunk, indicating high control by the main players. This coin belongs to the current hot topic, with high market sentiment and strong capital attention. There is still upward momentum in the short term.
In terms of trading, you can rely on the support levels of 5.5–5.7 to buy in batches, with a stop loss below 5.3. The target is to break through the previous high of 6.25. Breaking this level would further open up upward space, so follow the trend and buy accordingly.