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The chart for **RAVE/USDT** shows a shift from a prolonged accumulation phase into an early **bullish market structure**. After printing a series of higher lows (HL), price recently reclaimed the **MA(25)** and **MA(7)**, signaling a momentum shift. We are currently seeing a retest of the **0.7600** support zone following a rejection at the **MA(99)** resistance near **0.7718**.
Price action is compressing between the short-term and long-term averages. A successful flip of the **0.7720** resistance into support confirms a breakout toward higher liquidity pools.
**Spot Entry Setup:**
Enter at **0.7640** or on a confirmed close above **0.7720**. This aligns with the recent structural support and moving average confluence.
**Stop Loss:** **0.6950** (placed below the recent HL and the MA(25) invalidation zone).
TP1: 0.8400
TP2: 0.9440
TP3: 1.0800
Not Financial Advice — Do Your Own Research.
$RAVE
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