$RAVE is heating up and the chart is telling a clear story.

Price is trading around 0.525 after a strong recovery move. We saw a sharp impulse from the 0.34 area straight into 0.79 which shows buyers stepped in with confidence. After that spike price cooled off and is now forming a healthy pullback instead of collapsing. That’s a good sign.

Right now RAVE is holding above the key support zone around 0.48 to 0.50. This zone already acted as demand before and buyers are again defending it. As long as price stays above this area the structure remains bullish.

The current range looks like consolidation after a big move. This usually means the market is building energy. If buyers push again and we get a clean break above 0.62 the next upside zones open around 0.70 and then the previous high near 0.79.

If price loses 0.48 then momentum slows down and we may see deeper testing, but for now that level is holding well.

Volume remains strong and volatility is still alive which keeps RAVE interesting for short term moves.

This is not random action. This is the market taking a breath after a powerful run. Eyes on support. Eyes on breakout.

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