🔥 $RAVE — Strong Bullish Trend, But Short-Term Cooldown Possible
$RAVE remains firmly bullish, with massive capital inflows driving the trend higher.
In the last 24h (+$2.9M) and especially 3D (+$26M), real money has entered the market — strong confirmation of bullish conviction.
📊 What I’m Watching Closely:
While the higher timeframe trend is strong, recent 4H volume has dropped sharply (≈3.5M) compared to earlier breakout candles that printed 250–300M.
Declining volume on the upside often signals short-term exhaustion, not trend failure.
👉 Bias: Bullish overall, but not chasing here.
📌 Trade Plan — $RAVE
Best Entry (Dip Buy): 0.5750 – 0.5950
(MA5 confluence + prior resistance turned support)
Conservative Entry: 4H close above 120 MA (~0.6453)
Stop-Loss: ~0.5580 (if entering around 0.5850)
Targets:
🎯 0.7275
🎯 0.8098 (if momentum continues)
📈 Conclusion:
Waiting for a pullback into support is the smarter play.
If price holds and reacts strongly, upside continuation remains very likely.
Not chasing the top — patience pays.