$RAVE is not pulling back. It’s breaking down.

No real bid underneath. Every candle closes heavy. Every bounce gets sold. That’s not accumulation — that’s distribution.

Retail keeps saying “it’s already too low.”

That’s how accounts get destroyed. They buy the first cheap print… then watch it drop another 50%.

Can it see $5? Very possible.

$3? That’s where fear accelerates.

$1? In this momentum, nothing is off the table.

When structure collapses, price hunts liquidity. It does not care about hope. It does not care about feelings.

My stance is clear: Bearish bias.

Sell the bounce.

Do not catch falling knives.

Invalidation only comes if price reclaims key levels with real volume and strong follow-through. Until then, this looks like unfinished downside.

Oversold is not a reversal signal.

Sometimes it’s just the middle of the dump.