📉 $RAVE Overextended? The Correction is Coming!
The vertical pump on $RAVE has been aggressive, but the party is showing signs of exhaustion. We are seeing major rejection at the 9.80 resistance zone as sellers finally step into the ring. Without a proper base, what goes up this fast usually comes down just as hard.
The Play: A strategic short to capture the inevitable pullback.
⚡ Trading Plan: Short $RAVE
Entry Zone: 9.20 – 9.70
Stop Loss (SL): 12.20
Take Profit 1: 8.50
Take Profit 2: 7.00
Take Profit 3: 5.50 (Moonbag Target)
🔍 Market Insight
Price action is screaming "overbought." After a parabolic move with zero consolidation, the market needs to breathe. We are looking for a sharp correction toward the 5.50–7.00 levels before any potential trend continuation.
Trade Type: Momentum Reversal / Scalp Short
🔥 Ready to capitalize on the drop?
👉 $RAVE
