$RAVE dropped 80% from its highs. Now it's sitting on a level I've had marked for weeks. I'm watching for my entry.
$RAVE — WATCHING FOR LONG ⏳
Waiting for: 4H confirmation candle inside demand zone
Entry zone: 0.29 – 0.39
SL: Below 0.28
TP1: 0.550
TP2: 0.740
TP3: 0.935
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WHAT I'M SEEING
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This zone at 0.29–0.39 is where $RAVE built its base before the original move up. Price left this level fast back then — and now after an 80% pullback, it's returned to the same area.
The bounce off 0.20 caught my attention. Not because of how far it moved — because of how fast it moved. That kind of reaction from a known level isn't random. It tells me there's interest here.
But I haven't entered yet. I want one clean 4H candle closing inside the zone with buyers clearly in control before I commit. Until that forms, this stays on my watchlist.
If confirmation comes — entry is 0.29–0.39, SL below 0.28, and I'm targeting 0.55, 0.74, and 0.935 in that order. Each of those targets is a level where price previously stalled on the way down. Natural ceilings.
If price closes below 0.28 on the 4H before I get confirmation — the zone is broken and I move on. No trade.
I'll update this when the candle forms.
Click to trade 👇
#RAVE #CryptoAnalysis #SupplyAndDemand #Watchlist #BinanceSquare #PriceAction #AltcoinAlert #Write2Earn
$RAVE — WATCHING FOR LONG ⏳
Waiting for: 4H confirmation candle inside demand zone
Entry zone: 0.29 – 0.39
SL: Below 0.28
TP1: 0.550
TP2: 0.740
TP3: 0.935
━━━━━━━━━━━━━━━━━━
WHAT I'M SEEING
━━━━━━━━━━━━━━━━━━
This zone at 0.29–0.39 is where $RAVE built its base before the original move up. Price left this level fast back then — and now after an 80% pullback, it's returned to the same area.
The bounce off 0.20 caught my attention. Not because of how far it moved — because of how fast it moved. That kind of reaction from a known level isn't random. It tells me there's interest here.
But I haven't entered yet. I want one clean 4H candle closing inside the zone with buyers clearly in control before I commit. Until that forms, this stays on my watchlist.
If confirmation comes — entry is 0.29–0.39, SL below 0.28, and I'm targeting 0.55, 0.74, and 0.935 in that order. Each of those targets is a level where price previously stalled on the way down. Natural ceilings.
If price closes below 0.28 on the 4H before I get confirmation — the zone is broken and I move on. No trade.
I'll update this when the candle forms.
Click to trade 👇
#RAVE #CryptoAnalysis #SupplyAndDemand #Watchlist #BinanceSquare #PriceAction #AltcoinAlert #Write2Earn
