$RAVE is stabilizing after the pullback from the 0.68220 high and I’m watching this closely because buyers stepped in strongly near the 0.52567 reaction zone and started defending it with steady pressure. The 1h candles are forming a small base with controlled higher lows which shows momentum trying to recover after the corrective move. Selling pressure is easing and price is holding structure well.
If this structure holds the next bounce becomes possible with a clean push.
Entry Point
0.56600 – 0.54200
Target Point
TP1: 0.58213
TP2: 0.63858
TP3: 0.68220
Stop Loss
0.51200
It’s possible because every dip near 0.54200 is getting absorbed quickly and the candles are showing reduced selling pressure. If $RAVE stays above the support zone the move toward 0.58213 becomes the natural first step before momentum attempts higher continuation again.
#USGDPUpdate #WriteToEarnUpgrade #USJobsData
RAVEUSDT
Perp
0.56881
-0.18%
