What I would like to show you is a video made by TibiaGuides ClickME
The guy discusses in-depth tactics considering hunting and profiting in Warzone V, as well as the routes, equipment, and charms.
The recommended level is 300+, but obviously, at this level, it's not possible to actually tank them, you may want to run around with them. However, at your level, you should be able to simply go from box to box. I always recommend getting a little familiar with the spawn before going into full hardcore mode, i.e. try taking on only a couple of monsters at first just to get a sense of how much damage they deal and what is the perfect route for you.
If you don't really want to go through the whole video, I picked some of the essential tips from the video:
Imbue and charms: (As kindly mentioned by Skejcior, if you do have Enflame charm unlocked, it's a better choice than Zap for the Cave Devourer).
Damage dealt and resistances:
Route:
Notes to equipment:
The best one is obviously falcon set. But if you don't have one a Zaoan helmet, Living Vine Bow, Werewolf necklace or a Sleep Shawl, Prismatic Armor and Legs would suffice.
Notes to refill:
As we can see Avalanches are the best ones to use, along with Spirit Potions. And lots and lots of diamond arrows.