$RAVE looks like it has reached exhaustion after a strong upward move and is now showing clear rejection from higher levels. Momentum is fading, and a pullback phase could be unfolding as buyers lose control.
🔻 Short Setup: RAVE
• Entry Zone: 1.95 – 2.05
• Stop Loss: 2.25
• Take Profit Targets:
TP1: 1.70
TP2: 1.45
TP3: 1.10
After an extended rally, price action is struggling to maintain higher highs, signaling potential distribution. If rejection continues in this zone, downside targets become increasingly likely.
⚠️ Always manage risk and wait for confirmation before entering. #DYOR