From the chart you shared (RAVE/USDT – 1h timeframe), the current situation is not clearly bullish yet — it’s still leaning bearish with a short-term bounce.
🔍 What I see:
Price dropped strongly from ~0.88 → 0.72 → clear downtrend
Supertrend is above price (red zone) → confirms bearish trend
Current green candle = relief bounce, not full reversal
Resistance near 0.80 – 0.83
Support near 0.72
📊 Simple Trading View:
❌ Bearish Scenario (More likely right now)
As long as price stays below 0.80–0.83
Trend remains bearish
Possible move back toward 0.74 → 0.72
👉 Short idea:
Entry: near resistance (0.79–0.82)
Target: 0.75 / 0.72
Stop loss: above 0.84
✅ Bullish Scenario (Only if breakout happens)
If price breaks & holds above 0.83
Then trend can shift bullish
👉 Long idea:
Entry: after strong breakout above 0.83
Target: 0.87 → 0.90
Stop loss: below 0.79
⚠️ Important Advice:
This is an early-stage coin (high risk)
Avoid entering in the middle (no clear signal)
Wait for:
Rejection at resistance (for short) OR
Breakout confirmation (for long)
🧠 Final Verdict:
👉 Right now: Bearish (with temporary bounce)
👉 Best move: Wait for confirmation before trade
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