$RAVE /USDT Current Market Update 🚨🚨🚨

Recent range: $0.25-$0.49 (high volatility)

Price dropped ~40%+ in last 7 days-strong bearish pressure

Volume recently declining → momentum cooling

👉 Translation: Post-pump dump phase + weak hands exiting

🔍 Technical analysis;

Trend: Bearish on HTF (4H / Daily)

Structure: Lower highs forming-downtrend intact

Current zone: Demand near $0.24–0.27

Resistance: $0.32-$0.38-$0.45

👉 Price is basically in a relief bounce / dead cat zone

📈 Key Levels

Support: $0.24-$0.21

Major Demand: $0.18-$0.20

Resistance: $0.32 / $0.38 / $0.45

⚡ Trading Signals $RAVE

🟢 Long Setup (Safer)

Entry: $0.24-$0.26 zone

SL: Below $0.21

Targets:

TP1: $0.32

TP2: $0.38

TP3: $0.45

👉 Only valid if price holds support + shows bounce

🔴 Short Setup (Higher probability trend trade)

Entry: $0.32-$0.35 rejection

SL: Above $0.38

Targets:

TP1: $0.26

TP2: $0.22

TP3: $0.18

👉 Best play if weak bounce + rejection candle

🧠 My correct analysis;

Market is not bullish yet

This is distribution / correction phase

Smart money likely:

Selling rallies.

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Trade here 😺 $RAVE

RAVEBSC
RAVEUSDT
0.29439
+3.72%