$RAVE 1H level is testing a key support zone, with the 4H level finding support near the EMA50, indicating short-term momentum may recover. The price experienced a healthy correction after a 23% surge, and stable Open Interest (OI) shows that funds have not significantly withdrawn. This is a typical strong coin shakeout pattern.
🎯Direction: Long (Long)
🎯Entry/Orders: Enter in batches within the 0.3550 - 0.3600 range
🛑Stop Loss: 0.3380 (Below the previous 4H candle low)
🚀Target 1: 0.3920 (Near previous high resistance)
🚀Target 2: 0.4050 (Post-breakout target after surpassing previous high)