RAVE/USDT is currently showing signs of short-term weakness after a strong upward move.
Price recently peaked near 18.56 before facing rejection, indicating strong resistance at higher levels.
Since then, the market has shifted into a pullback phase, with lower highs and fading bullish momentum on the 15-minute timeframe.
The price is now hovering around 15.12, slightly below key moving averages, suggesting sellers are still in control.
Volume spikes during the drop highlight aggressive selling pressure, while recent candles show a mild attempt to stabilize. Immediate support lies near 14.60–13.80, where buyers previously stepped in.
If this zone holds, a short-term bounce is possible. However, failure to maintain support could lead to deeper downside.
Overall, the structure leans slightly bearish in the short term unless price reclaims the 16.00–16.50 resistance zone with strong momentum.
