$RAVE - Top in play🚨
I’m watching the $2.75 - $3.00 area closely.
Multiple signals are stacking:
• Bearish RSI divergence building (H1–H4)
• Daily RSI extremely overheated (>97)
• Trend resistance holding on recent tests
After a +1300% move in just a few days, exhaustion is showing.
Momentum fading, a pullback toward $1.65 – $1.60 becomes a realistic scenario (~40%).
Volatility is elevated here- risk management matters.
#rave #Alert🔴 #trading
I’m watching the $2.75 - $3.00 area closely.
Multiple signals are stacking:
• Bearish RSI divergence building (H1–H4)
• Daily RSI extremely overheated (>97)
• Trend resistance holding on recent tests
After a +1300% move in just a few days, exhaustion is showing.
Momentum fading, a pullback toward $1.65 – $1.60 becomes a realistic scenario (~40%).
Volatility is elevated here- risk management matters.
#rave #Alert🔴 #trading