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$RAVE /USDT — Momentum Expansion Setup 🚀
Bias: Bullish continuation, but extended move — caution required.
RAVE has delivered an aggressive expansion from ~$3 to $19, showing strong momentum and buyer dominance. Price is now testing a key psychological resistance near $20.
Entry Zones:
• $18.5 – $19.2 (pullback entries)
• Breakout entry above $20 (confirmed close)
Stop Loss:
• $16.8 (below structure support)
Take Profit Targets:
• $21.5
• $24
• $28 – $30 (extended target if momentum sustains)
Structure:
Strong impulsive move followed by minor consolidation under resistance. Volume expansion confirms demand, but price is currently in a short-term overheated zone.
Plan:
Continuation is likely above $20, but chasing at highs carries risk. Prefer pullbacks or confirmed breakout entries.
Note:
Parabolic moves from $3 → $19 are not sustainable without corrections. Expect volatility and possible sharp retracements before further upside.
#RAVE #Crypto #Altcoins #TradingSetup
$RAVE