$RAVE /USDT — Short Setup

Position: Short

Entry Zone: 0.242967 – 0.245070
Stop Loss: 0.254112

Targets:
TP1: 0.23646
TP2: 0.231400
TP3: 0.223829

Analysis:

The 4H chart indicates a strong short bias. Lower timeframe RSI signals weakening momentum, unable to sustain higher levels within the daily range. Resistance near 0.24507 provides a high-probability rejection zone, supporting a potential drop toward TP1 and beyond. Risk management is crucial given the market volatility.

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RAVEUSDT

Διην.

0.23778

-5.74%