$RAVE is currently finding a significant support floor near the 1.38536 level following a sharp retracement from its massive parabolic surge to 2.50000. The hourly chart indicates that the intense selling pressure is beginning to stabilize as the price enters a consolidation zone where long-term buyers are likely to step in. Given the high trading volume and the recent history of explosive growth, a successful defense of this current base could provide the necessary liquidity for a strong technical bounce and a potential retest of the upper resistance levels.
Target 1: 1.75000
Target 2: 2.10000
Target 3: 2.45000