$RAVE
/ USDT LONG TRADE SETUP
$RAVE is currently trading at approximately $0.33, having recently found support after a corrective phase from its late December highs. The price is currently consolidating near a major demand zone between $0.32 and $0.34, with RSI levels indicating oversold conditions that often precede a technical rebound. Following its recent listing on Binance Futures and other major exchanges like GOPAX, liquidity has increased, supporting a potential recovery toward previous resistance levels.
Target Points (TP)
TP1: 0.3650 (Recent 24h high resistance)
TP2: 0.4400 (Major psychological supply zone)
TP3: 0.5000 (Mid-term recovery target)
Stop Loss (SL)
Set stop loss below 0.3150 to protect against a breakdown of the current local support.
Trade Details
Buy and Trade here on $RAVE