$RAVE RELIEF BOUNCE OR FURTHER DUMP?
$RAVE has faced a brutal -28% correction after hitting highs near 2.09, and is now attempting a short-term recovery from the 1.14–1.30 demand zone. Current price action suggests a possible relief bounce, but overall structure remains weak unless key resistance is reclaimed.
Trade Setup (Scalp Long / Bounce Play):
Entry Zone: 1.30 – 1.38
Take Profit 1: 1.50
Take Profit 2: 1.65
Take Profit 3: 1.80
Stop Loss: 1.22
Momentum is mixed — short-term buyers are stepping in, but the broader trend is still bearish after the sharp dump. The 1.50–1.60 zone is a major resistance cluster. If price fails to break above it, another leg down toward 1.20 is possible. This is a high-risk, high-volatility setup — trade carefully.
Buy now and trade here on $RAVE
RAVEUSDT
Perp
0.90757
-7.00%