$RAVE

RAVEUSDT

Perp

0.37163

-14.69%

USDT Perp – 1H Technical Analysis

Market structure

Strong bullish move followed by a sharp pullback

Price is now consolidating after rejection from the high

Current price

Around 0.439

Key resistance

0.449 – 0.452

0.481

0.506

Key support

0.432 – 0.428

0.417

0.384

Bias

Bullish continuation if price holds above 0.428

Bearish only if 0.417 breaks with volume

Long setup idea

Entry 0.432 – 0.438

Stop loss 0.417

Take profit 1 0.449

Take profit 2 0.481

Take profit 3 0.505

Short setup idea

Only if price rejects 0.449 – 0.452 zone

Stop loss above 0.462

Targets 0.432 then 0.417