📉 $RAVE
— SC02 M1 Short Setup | Downtrend Cycle Active
$RAVE (Mcap ~$71M) abhi clear downtrend structure me hai. Aapka mention kiya hua LVN (Low Volume Node) entry zone interesting hai — kyunki LVN areas often act as rejection zones in trending markets.
Current structure:
Ongoing downtrend (cycle 311 as per your model)
Lower highs + lower lows intact
Downside amplitude ~61% indicates extended move but not necessarily exhausted
🔻 Pending Short Plan (Structure-Based)
📍 Entry: LVN rejection zone (as per your model)
🛑 Estimated Stop: ~7.44% above entry
🎯 Bias: Continuation with trend
📊 Technical Context
LVN entries work best when aligned with macro trend → which is currently bearish
No strong base formation yet
Unless clear reclaim of prior supply, shorts remain favored
Watch for volume spike on rejection for confirmation