🚨 This $RAVE move wiped out late buyers… now the real drop begins.
🔴 SHORT $RAVE
RAVEUSDT
Безсрочно
1.40616
-3.78%
Entry: $1.510 – $1.530
SL: $1.650
TP1: $1.300 | TP2: $1.100 | TP3: $0.900
After a massive parabolic run, price printed a clear top —
shooting star + bearish engulfing → momentum shift confirmed.
Now breaking below 20 EMA support —
this isn’t a pullback, it’s a transition.
That push above $1.580?
Not strength… just a liquidity grab to trap buyers.
Volume dropped while price pushed higher —
classic sign of exhaustion.
If this holds → continuation lower 📉
If reclaimed → setup invalid, exit fast ❌
📌 Plan:
Stay below = ride the drop
Reclaim = no hesitation exit
Watch $1.100–$1.150 —
if strong reaction forms, short-term bounce possible.
Most traders will try to buy this dip…
and get caught in the next leg down.
Reversal — or trap? 👇