📉 VERTICAL EXHAUSTION! Rave ($RAVE ) Rejects $0.53 After Parabolic Overextension: Short Setup! [SHORT]
⚡ TRADE EXECUTION (RAVE/USDT Perpetual)
📉 ENTRY ZONE: $0.4850 – $0.5150
🛑 STOP LOSS (SL): $0.5450 (Above the psychological $0.54 level and recent 24h high)
🎯 TARGET 1: $0.4290
💰 TARGET 2: $0.3710 (Major structural support zone)
🔥 WHY WE ARE SHORTING RAVE
Rave (RAVE) has staged a massive parabolic rally on the 1-hour timeframe as of February 19, 2026, but technical indicators are now flashing extreme exhaustion at a major supply ceiling:
Parabolic Blow-off Signal: The price rocketed from a local base of $0.3615 to a peak of $0.5368, representing a vertical gain of +25.70% in a single trading session. Vertical moves of this magnitude without healthy consolidation are highly susceptible to violent mean-reversion sell-offs as buyers transition to profit-taking.
Major Wick Rejection: The most recent 1-hour candle shows a sharp failure to sustain momentum above the $0.53 zone, leaving behind a long bearish upper wick. This suggests that significant institutional sell orders were triggered at this local top.
MACD Overextension: On the 1-hour chart, the MACD is currently positive at 0.00870, but the distance between the DIF (0.02749) and DEA (0.01879) is reaching an extreme extension. A leveling off of the histogram bars would confirm that the buying pressure has peaked.
Volume Climax: The final push toward $0.5368 was met with a massive volume spike, with over 10.24M RAVE traded in the latest 1-hour bar. A vertical price increase accompanied by a volume climax often marks the "buying exhaustion" phase before a deeper correction.
Is the RAVE party finally over, or is $0.60 the next stop? 👇
