RAVE prints a strong rebound from support 0.25 and is now moving at 0.36–0.38, supported by an increase in volume and a rising MA(7). The short-term structure has shifted to bullish-recovery, but the price is still below a large distribution area post-dump from 0.57 → thus risk management is crucial.
📈 Main Scenario: Bullish Continuation (Buy on Pullback)
> The safest setup follows the structure
Entry: 0.345 – 0.355
TP1: 0.385
TP2: 0.425
TP3: 0.480
SL: 0.318
📌 Reason: this area is a higher low + MA support, ideal for continuation if volume holds.
🚀 Aggressive Scenario: Breakout Buy
> For momentum traders
Entry: 0.385 (close H1 above resistance)
TP1: 0.420
TP2: 0.470
TP3: 0.530
SL: 0.355
📌 Breakout confirmation opens space to the next supply area.
📉 Alternative Scenario: Bearish Rejection
> If it fails to break resistance
Entry Sell: strong rejection at 0.39 – 0.40
TP1: 0.350
TP2: 0.310
TP3: 0.270
SL: 0.415
⚠️ Note
Bullish bias as long as above 0.31
The area 0.45–0.53 is an old distribution zone → prone to profit taking
Use risk ≤1–2% per trade, avoid all-in.
$RAVE
