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$RAVE /USDT – Quick Technical Analysis
Current Price: $9.04 (+221%)
**24H Range:** $2.46 – $10.00
Indicators:
· EMA5/10/30: $8.04 / $7.10 / $5.14 → Price far above all → strong bullish trend
· MACD: Positive, still bullish momentum
· RSI (6/12/24): 78.5 / 80.6 / 81.1 → Overbought (correction likely soon)
Key Levels:
· Resistance: $10.00, then $10.80
· Support: $8.38, then $5.97
Outlook:
· Upside: Break above $10 → next target $10.80
· Downside: Overbought RSI suggests pullback to $8.38 or $5.97
Verdict: Bullish but extended. Wait for dip, don't chase.
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