Avoid initiating short positions on $RAVE at this stage. Based on prior experience, premature shorting can result in significant losses. Current price action suggests the move has not yet reached exhaustion, with a potential liquidity spike in the coming hours that could drive further upside.
A long position appears relatively safer in the short term, but strict risk management is essential—keep tight stop-loss levels. Short opportunities may develop later, but current conditions do not favor that setup. Given the likelihood of market manipulation, trade cautiously and stay disciplined.
Always conduct your own research before making any trading decisions.
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