$RAVE USDT is trading around 0.555 after an 18% upward move, showing strong bullish momentum but also signs of short-term exhaustion following the recent spike. The price has already pulled back sharply from the 0.68 area, which acts as a major resistance zone. As long as RAVEUSDT stays below 0.58–0.60, a short-term corrective move is likely, with downside targets around 0.505, followed by 0.465, and deeper support near 0.346. A short bias remains valid below the resistance zone, while a strong reclaim and hold above 0.60 would invalidate the short setup and indicate renewed bullish continuation.
RAVE
Alpha
0.64642
-3.25%