🚨 $RAVE Downtrend

Confluence of the MACD bearish crossover, price breaking below key short-term MAs, persistent contract capital outflows creates a strong bearish case for the next few hours. However, the deeply oversold KDJ/J, approaching oversold RSI6, and the fact that the price is still in a major uptrend (far above MA120) warn against chasing the sell-off here.

Entry short $RAVE : retest of resistance near 23.0-24.0. Aggressive entry on a break below support at 21.0 with volume

Stop-Loss: above 24.5 ( recent swing high )

Target Price $RAVE : 19.0 -16.0 support zone

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