🚀 RAVE/USDT LONG SETUP — BREAKOUT MOMENTUM IN PLAY 📈
Pair: RAVE/USDT (Perpetual)
Timeframe: 1H
Bias: LONG 🟢
📊 Market Structure & Analysis
RAVE is showing strong bullish momentum, already up nearly 20% today. On the 1-hour chart, price has formed a clear step-by-step bullish structure. After the initial impulse move, RAVE consolidated nicely, creating a strong support base between $0.57 – $0.60.
Price has now broken out of this accumulation zone with a strong bullish candle, confirming buyer dominance. Momentum looks aggressive, suggesting bulls are aiming for higher local highs in the short term.
🧠 Trade Idea
This is a momentum breakout trade. The plan is to follow strength while managing risk efficiently.
Entry: Around current market price to capture breakout continuation
Stop Loss: Below $0.572, under the consolidation base. A move below this level would invalidate the breakout.
Take Profit: $0.824, targeting the next key resistance zone and offering a strong risk-to-reward setup.
🎯 Trade Levels
Entry Zone: $0.654 – $0.660 (CMP)
Take Profit (TP): $0.824
Stop Loss (SL): $0.572
Momentum favors the bulls as long as price holds above support.
Manage risk and follow price action closely.
#RAVE #RAVEUSDT #Perpetual #cryptotrading #Altcoins👀🚀 
