$RAVE – Long Setup Idea on RAVEUSDT Perp
RAVE is showing strong momentum today.
Last Price: 0.7719 (+9.89%)
Mark Price: 0.7718 (tight spread)
24h High: 0.7950
24h Low: 0.6976
24h Vol(RAVE): 98.41M
24h Vol(USDT): 73.70M
Why long?
· Price is holding above MA(7) = 0.7048 – short-term trend is bullish.
· 30-day performance: +157.22% – buyers are stepping in aggressively.
· Volume remains strong (78.8M RAVE) – market interest is real.
· Underlying asset is an early-stage crypto project – high risk but high potential for runners.
Key levels to watch:
Entry zone: 0.7500 – 0.7700
Target 1: 0.7950 (24h high)
Target 2: 0.8500
Target 3: 1.0000
Stop loss: below 0.7000 (strict risk management)
Caution: MA(25) at 2.81892 and MA(99) at 1.28250 are far above – price is in recovery mode, not full trend reversal. Keep position size small.
My plan: Long 0.7600, SL 0.6980, TP 0.7950 -> 0.8500 -> 1.0000.
Not financial advice. Early-stage coins = high volatility. Trade with risk you can afford to lose.
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