🔥 RAVEUSDT Perpetual 4H Technical Analysis

Trade Setup (Short Bias):

Entry: $1.22 – $1.35

Stop Loss: $1.40

TP1: $0.95

TP2: $0.70 – $0.50

RAVE is currently trading at $1.1878, down a massive -94.75% in the last 24 hours.

4H Chart Summary:

Insane pump to $28.30 followed by violent crash

Price has completely collapsed with strong red candles

Heavy selling pressure visible with high volume during the dump

All major MAs are way above current price, confirming strong bearish momentum

This looks like a classic pump & dump after the hype. The token is extremely weak right now and further downside is highly likely if it breaks below $1.10.

Alternative (Long): Only if price shows strong reversal and closes above $1.80 with massive volume (low probability at this moment).

$RAVE

RAVEUSDT

Διην.

1.07296

+97.40%