💸👎$RAVE USDT BULLISH CONTINUATION SETUP | PERP TECHNICAL OUTLOOK👎🫵
$RAVE USDT is showing strong bullish intent after reclaiming key levels and sustaining higher highs on the intraday structure. Price action remains above the Parabolic SAR support, confirming trend continuation. Volume expansion on upside candles signals active participation from buyers, while pullbacks are getting absorbed near demand zones, indicating strength rather than exhaustion.
The market structure favors further upside as long as price holds above the SAR-based support zone and recent higher low. Momentum remains positive across lower and mid timeframes, suggesting continuation toward the next resistance cluster.
Bullish Scenario
Entry Zone: Above key support and trend continuation area
Targets:
TP1: 0.370
TP2: 0.385
TP3: 0.405
Stop Loss: Below 0.320 (trend invalidation zone)
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Risk Management Risk only a small portion of capital per trade, use proper position sizing, and trail stop loss after first target is achieved to protect profits.
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