$RAVE / USDT (Perp) Analysis
Current Price: $0.5175
24H Change: +23.33%
Recent High: $0.5346
Trend: Bullish Consolidation 🟡 (Range under resistance)
Support: $0.5090 | $0.4950
Resistance: $0.5346 | $0.5370
Analysis:
RAVE pushed strongly from the $0.48 zone and tapped the $0.5346 resistance before entering a sideways consolidation. Price is currently fluctuating between support and resistance while holding above rising Supertrend support, showing buyers are still active but momentum has slowed near the top.
Next Move:
Holding above $0.5090 keeps the bullish structure intact and may lead to another attempt toward $0.5346 resistance. A breakout above $0.5370 could trigger expansion toward new highs. However, losing $0.5090 may lead to a deeper pullback toward $0.4950 support.
Bias remains bullish while above $0.4950.
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