⚠️ $RAVE /USDT — Bounce Attempt After Sharp Dump 📉➡️📈
$RAVE saw a heavy sell-off from the highs and is now trying to stabilize near the bottom — early signs of a potential recovery 👀
💡 What’s happening?
• Strong rejection from 12.59 high → aggressive selling pressure ❌
• Formed a base near 6.89 support → buyers stepping in 🛑
• Short-term bounce with higher lows → early reversal signal 🔄
• Price still below MA(25) → trend not fully bullish yet
📊 Key Levels to Watch:
• Support: 7.80 – 7.60 zone
• Resistance: 8.80 – 9.20 area
⚡ Outlook:
This looks like a relief bounce, not a confirmed trend reversal yet. A clean breakout above resistance is needed for bullish continuation 🚀
🎯 TP & SL:
• TP1: 8.80
• TP2: 9.50
• SL: 7.40
🔥 Trade carefully — volatility is high and structure still weak.
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