$RAVE has exploded over 150% from the 0.205 support zone, reclaiming 0.53 after a textbook accumulation-to-expansion move. The structure is still printing higher highs and higher lows, confirming buyers remain in control even with RSI in overbought territory.
This wasn't a random spike. After a long accumulation phase, volume expanded sharply and triggered a clean breakout. Price is now holding just below 0.53 instead of giving back gains, a sign that bulls are defending the breakout zone. If this base holds, continuation remains the higher-probability scenario.
Setup:
Entry: 0.49 – 0.52
Target 1: 0.58
Target 2: 0.65
Target 3: 0.75
Stop-loss: Below 0.46
Momentum is still with the bulls, but chasing extended candles carries risk. A controlled retest of the breakout zone would provide a healthier continuation setup than buying into strength.
Trade #rave here
$O $VELVET
This wasn't a random spike. After a long accumulation phase, volume expanded sharply and triggered a clean breakout. Price is now holding just below 0.53 instead of giving back gains, a sign that bulls are defending the breakout zone. If this base holds, continuation remains the higher-probability scenario.
Setup:
Entry: 0.49 – 0.52
Target 1: 0.58
Target 2: 0.65
Target 3: 0.75
Stop-loss: Below 0.46
Momentum is still with the bulls, but chasing extended candles carries risk. A controlled retest of the breakout zone would provide a healthier continuation setup than buying into strength.
Trade #rave here
$O $VELVET