đ¨ $RAVE Sharp Flush into Support â Rebound Setup?
$RAVE A strong liquidation move has been shown, where the price printed a heavy impulsive sell candle in the 0.25â0.28 zone. Such aggressive flushes often create short-term oversold conditions â where there is a chance for a relief bounce.
Now the price is trying to stabilize above the 0.256 area, which indicates that buyers are stepping in.
đ˘ LONG Setup: $RAVE
Entry Zone: 0.275 â 0.295
Stop Loss: 0.245
Target 1: 0.335
Target 2: 0.395
Target 3: 0.460
đ As long as the 0.245 level is protected, the rebound thesis will remain valid.
â A breakdown below this level will signal further downside continuation.
Manage risk, use proper position sizing.
If you find the analysis helpful, please support đ
What is your feedback â will there be a bounce or another dump? đ
#StrategyBTCPurchase #RAVEUSTD #WriteToEarnUpgrade
