Attempt to stabilize $RAVE and form a rebound base on the weekly timeframe after a long correction period, with signs of buying liquidity that supports a return to the upward path.
🟢Long-term buy trade (medium term)
Entry zone: 0.3248 - 0.2950
Target 1: 0.3650
Target 2: 0.4100
Target 3: 0.4500
Target 4: 0.4950
Target 5: 0.5400+
Stop loss: 0.2500
Technical analysis: The RSI(6) indicator begins a stable upward rebound at the 44.01 level, along with consolidation and a positive turn in the OBV line, reflecting the entry of gradual liquidity to ease the severity of the previous selling pressure.
Trade here $RAVE
#Binance #RAVE #Long
🟢Long-term buy trade (medium term)
Entry zone: 0.3248 - 0.2950
Target 1: 0.3650
Target 2: 0.4100
Target 3: 0.4500
Target 4: 0.4950
Target 5: 0.5400+
Stop loss: 0.2500
Technical analysis: The RSI(6) indicator begins a stable upward rebound at the 44.01 level, along with consolidation and a positive turn in the OBV line, reflecting the entry of gradual liquidity to ease the severity of the previous selling pressure.
Trade here $RAVE
#Binance #RAVE #Long