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$RAVE – Extreme deleveraging completed, retesting the green FVG support zone
Trading plan: Go long ( with 5x - 10x leverage )
Entry range: 1.150 – 1.250
Stop loss: 1.100
Take profit 1: 1.450
Take profit 2: 1.700
Take profit 3: 2.100 ( above the red zone FVG )
Market analysis:
From the 30-minute chart, after experiencing a “bloodbath,” the price was directly halved from above 2.20. This kind of sharp volatility in a short period has already cleared out the longs who chased the high. Currently, the price is falling back to the bottom green FVG demand zone (1.15-1.25), which is an important defensive level at the start of this rally. Although the bearish momentum is still pushing downward inertia, as long as the price stabilizes and consolidates in this demand zone, it will form an excellent “dead cat bounce” rebound opportunity, aiming to fill the liquidity gap created by the downward move above.
Trade here $RAVE 👇
PS: Core logic: Such violent shakeouts are usually followed by quick rebounds, but the risk is extremely high. The entry point must be below 1.25, and the closer to 1.15, the better the risk-reward ratio.
Risk control: RAVE is a typical strong whale-controlled coin, with 1.100 as the last line of defense. If it breaks below, it indicates the main force has completely withdrawn, and an unconditional stop loss is necessary.