🛑 $RAVE /USDT: Buy or Not? Will it bounce back after a -39.93% crash? 📉🤔💥.....
Hey Crypto Traders! 🫂💓💗....
The RAVE/USDT chart is currently at a very critical stage! 🤯 In the last 24 hours, it has dropped by -39.93%. If you are wondering whether it will bounce back or fall further after such a massive correction, check out this analysis.
📊 Chart Analysis: Buy or Not?
• Current Price: $0.28065 🟢
• 24-Hour Change: -39.93% 🔴 (Major Correction)
• 24-Hour Low: $0.27261
• Trend (4H): The price is trying to stabilize near the gray color box (support zone) on the chart. This appears to be a 'Consolidation' stage following a heavy crash.
• Conclusion: If the price breaks below the $0.27000 - $0.28000 support zone, there is a chance it could fall further. However, if it stabilizes here, there is an opportunity for a bounce back.
⚠️ Trading Decision
| Decision | Description |
| Buy Now?
| Moderate Risk. Since the price is near the support zone, a small amount of risk can be taken. |
| When to Buy?
| If it stabilizes above $0.30000. 🚀 If the price moves out of the gray box and stays steady above $0.30, it can be considered that a bounce back has started. |
| Should You Wait?
| Do not buy if the price falls below $0.27000, as there is a risk of further decline. |
🎯 Trading Plan (If you want to buy)
| Action | Price Level | Description |
| Entry Point | $0.28000 - $0.29000 | After confirmation within the support zone. |
| Stop-Loss (SL) | $0.26500 🛡️ | Exit the trade if it breaks the 24-hour low. |
💰 5 Take Profit Targets (TP)
You can book profits at these levels as the market bounces back:
| TP | Target Price | Description |
| TP 1 | $0.32000 | Immediate resistance level. |
| TP 2 | $0.36000 | First bounce back target. |
| TP 3 | $0.40000 | Key resistance zone. |
| TP 4 | $0.45000 | Psychological target. |
| TP 5 | $0.50000 🚀 | Long-term target (near previous high). |
Do you believe $RAVE will bounce back? Share your opinion in the comments! 👇
