RAVE is sitting in a very high-risk, high-volatility zone after a brutal collapse from the 27+ area down to the 1.08 region. The 1H structure is still deeply bearish, but after such an extreme sell-off, the market is now at the kind of level where a dead-cat bounce or relief rally can form before the next directional move is decided.
Price is currently trading near a major psychological support zone, and while the broader trend remains damaged, this is exactly the type of area where aggressive traders start watching for a short-term rebound. If buyers manage to defend the 1.05–1.00 zone and push price back above 1.20, the bounce can extend toward 1.35 and 1.55 quickly.
The safer play is to wait for a 1H reclaim above 1.20, then look for a retest and hold before entering. That gives stronger confirmation that the bounce has real strength behind it.
On the other hand, if 1.00 breaks cleanly, the bearish continuation path opens up fast, with downside pressure likely extending toward 0.92 and 0.85.
For now, RAVEUSDT is in a decision zone. The next move could be a sharp rebound or another fast breakdown, so risk management is everything here.
Trade $RAVE here 👇🏻
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