$RAVE USDT is showing signs of exhaustion after an aggressive impulsive move, followed by a sharp rejection from the highs. The current structure reflects a potential lower high formation, suggesting short-term bearish continuation as momentum cools off.
Trading Plan SHORT: RAVEUSDT
Entry: 2.00 – 2.20
Stop-Loss: 2.40
Targets:
TP1: 1.68
TP2: 1.50
TP3: 1.35
The market structure has shifted from expansion into a corrective phase after the vertical rally. Price failed to sustain above the high-volume rejection zone, indicating strong seller presence at premium levels. Momentum is no longer impulsive; instead, it’s transitioning into a pullback with lower highs forming on lower timeframes. Buyers appear weak near resistance, while sellers are gradually taking control. Given the rejection and lack of continuation strength, probability favors a move toward lower demand zones.
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RAVEUSDT
دائم
1.19068
-26.45%