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$RAVE is emitting a highly notable signal as the breakout pattern clearly has completed and the trend expansion (trend expansion) has officially been activated. After a tight accumulation phase, the price has decisively broken out of an important resistance zone, indicating that the buyers are fully in control of the market.
Currently, the technical structure supports a continued upward scenario as RAVE remains above the 23.0 level. This is a confirmation that the short-term bullish trend is still valid. Holding above this threshold helps reinforce momentum and attract additional capital inflow.
📈 Proposed trading strategy:
⟶ Entry Zone: 23.5 – 24.5
⟶ Bullish Above: 23.0
🎯 Take Profit:
• TP1: 26.0
• TP2: 28.5
• TP3: 32.0
⛔ Stop Loss: 21.8
The 23.5 – 24.5 zone is considered the optimal area to participate when the price is still in the trend expansion phase. The take profit targets are sequentially set at 26.0, 28.5, and further at 32.0 — corresponding to the next resistance levels on higher timeframes.
In case of adverse market movements, a stop loss at 21.8 helps control risk and protect capital.
Overall, RAVE is showing a strong bullish structure, good momentum, and supported capital flow. However, investors should still manage their capital carefully and adhere to disciplined trading to optimize effectiveness in a constantly volatile market. $RAVE