$RAVE (RaveDAO) — a fresh token of the ecosystem that unites music, events, and Web3, just launched on Binance and other top exchanges. Current price ~0.434 USDT, growth +40% in 24 hours after the futures listing. The project has already shown real revenue ~$3 million from offline events with 100k+ participants, staking and NFT ticketing create sustainable demand. RSI on the daily ~50 — neutral zone, no overheating, volumes are increasing, indicating healthy accumulation after the initial pump.
Positive prospects: in a bull market, new listings often continue the trend due to an influx of liquidity. Volatility is high (beginner), but the fundamentals (partnerships with top artists and exchanges) add confidence. I expect a test of 0.50–0.60 in the coming days while maintaining momentum.
Trading plan:
• Bullish scenario: Entry $RAVE at current ~0.43 or a pullback to 0.42. TP1: 0.50 (+15%), TP2: 0.60 (+38%). SL: 0.41 (5% below entry, considering volatility).
• Bearish scenario: If the breakout $RAVE is below 0.41 — short/exit. TP: 0.38 (-12%), SL: 0.45 (3%).
Risk only 1–2% of your deposit! Move SL to breakeven at +10%.
What do you think? Share your forecasts in the comments! 👇
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