Everyone slow down… this is not a breakout zone…

This is exhaustion after a vertical move..

Price is stretched… momentum cooling…

Open interest rising → late entries building…

Liquidity sitting below…

$RAVE Bias: Pure Short

Entry: 1.50 – 1.65 zone (current / slight push up)

SL: 1.75 (above recent high)

Targets:

TP 1: 1.20 (first reaction)

TP 2: 1.00 (psych level)

Logic:

Parabolic move already done… not early anymore..

No strong continuation after spike…

OI increasing → crowded trades…

Both side volume → distribution phase…