$RAVE — Short Bias Continues 📉

RAVE is still showing signs of weakness despite the high volume spike — that “heavenly needle” move often signals distribution rather than strength. When liquidity gets this deep (huge volume), it doesn’t always mean continuation… many times it’s big players offloading positions. As long as price keeps failing to hold higher levels and momentum slows down, the short bias remains valid.

That said, don’t blindly chase — if the market suddenly absorbs selling pressure and holds strong, a squeeze can happen fast. Manage your risk, trail your stop-loss, and let the structure guide you… not emotions$RAVE