$RAVE is approaching a critical demand zone on the 4-hour timeframe following a prolonged downtrend. Traders are watching closely as price consolidates in this area, which could signal a turning point.

If buyers defend this zone effectively, we might see a rally push toward the next resistance level. The technical setup looks interesting here—price stability near key support often precedes meaningful moves. However, bears remain a threat; a decisive break below could extend the losses further down.

The coming hours will be crucial for determining which way this plays out.