$RAVE Update
A newly launched currency faced strong selling immediately after listing.
The price dropped quickly and is now stabilizing after the initial panic movement.
This type of structure usually looks for a deeper retest before a real recovery begins.
If the price revisits the lower demand area and holds, a strong rebound can follow as liquidity stabilizes and early sellers are flushed out.
Trading setup (the plan):
Entry area: 0.28 – 0.40
Target 1: 0.45
Target 2: 0.60
Target 3: 0.75+
Stop loss: 0.22
Patience is key here.
Let the price enter the area and confirm strength before entering.
RAVE
Alpha
0.29873
-29.03%