$RAVE – Short Setup (Resistance Rejection)
Price is trading around 16.00, facing strong resistance at MA(7) = 16.368. Funding is negative (-0.1048%), meaning shorts are paying funding – a sign of bearish pressure. Recent pump of +27% is likely cooling off.
Short Setup:
Entry: $16.20 – $16.35
TP1: $15.50
TP2: $14.80
TP3: $14.20
SL: $16.80
MA(25) support at 14.13. Wait for a rejection candle near 16.35 before entering.
Risk 1-2% only.
#RAVE #Short #TradingSetup #Write2Earn
RAVEUSDT
دائم
1.12992
-95.21%