$RAVE – Sharp expansion into resistance, rejection zone in play

Trading Plan (Short)

Entry: $0.310 – $0.325

SL: $0.329

TP: $0.285 – $0.260 – $0.236

Price printed a sharp expansion into this zone, but the move looks more like a liquidity sweep than true continuation. There’s no clean follow-through — just a fast push that’s now starting to stall.

From a structure perspective, this is where the reaction matters. Failure to reclaim and hold above $0.320 suggests buyers are losing control right after the expansion, opening the door for sellers to take over.

If price stays below this level, it sets up a clean pullback scenario. Moves that sweep liquidity like this often reverse quickly, with downside accelerating as trapped buyers unwind.

Trade $RAVE here 👇

RAVEBSC
RAVEUSDT
0.8653
-4.72%