$RAVEUSDT

📊 Market Structure & Context (1H)

Strong impulsive dump from 0.467 → 0.253 (distribution → capitulation)

After the dump, price formed a base / accumulation range

Recent move is a sharp relief rally

Current price: 0.327

RSI(6) ≈ 81 → overbought on lower TF

Price is approaching a major supply / breakdown zone

Key Zones

Demand: 0.290 – 0.275

Major Resistance / Supply: 0.335 – 0.360

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🔍 Price Action Pattern

🔹 Dead Cat Bounce / Relief Rally

🔹 Rally into previous breakdown area

🔹 No higher-timeframe trend reversal yet

This favors SHORT at resistance, not chasing longs.

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🟥 Primary Trade Idea: SHORT (High Probability)

✅ Ideal Entry (Sell Zone)

0.332 – 0.345 (Previous support turned resistance + supply zone)

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❌ Stop-Loss

0.372 (Above supply & structure invalidation)

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🎯 Targets (Clean Risk–Reward)

Target Price Logic RR

T1 0.300 Range midpoint 1:1

T2 0.275 Demand retest 1:2

T3 0.255 Range low 1:3

Extended 0.235 Liquidity sweep Trail

➡️ Book partial at T1, move SL to entry

➡️ Let rest run if momentum shifts bearish

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🟢 Alternative Setup (Lower Probability Long)

Only if 1H candle closes above 0.360 with volume

Long Trade

Entry: 0.362

SL: 0.335

Targets: 0.395 → 0.430

(Currently NOT preferred)

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📈 Probability of Success

Short from resistance: ⭐⭐⭐⭐☆ 65–70%

Long continuation: ⭐⭐☆☆☆ 30–35%