👑 $RAVE Bearish — Distribution After Rejection

Trading Plan SHORT: $RAVE

Entry: 1.05 – 1.15

Stop-Loss: 1.28

TP1: 0.95

TP2: 0.82

TP3: 0.70

$RAVE is trading around 1.18 after a failed attempt to sustain higher prices. The sharp rejection from the 1.4+ region signals strong sell-side liquidity above. Market structure has shifted into lower highs and lower lows, confirming bearish momentum. Buyers are weak on rebounds, while sellers continue to defend the 1.10–1.20 resistance zone. If price retests this area and fails again, expect continuation toward lower liquidity pools near sub-1.0 levels.

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RAVEBSC
RAVE
0.9562
-5.62%