While many call a recovery for $RAVE , the chart structure still points to unfinished downside.
$RAVE - SHORT
Trade Plan:
Entry: 1.08789 – 1.16533
SL: 1.35895
TP1: 0.89428
TP2: 0.81683
TP3: 0.66194
Why this setup?
The 4h chart continues to favor a short position. - Daily trend: range-bound - Key zone: 1.08789 – 1.16533 near 1.12661 - RSI 15m: 43 (neutral momentum allows downside to build) - 15m volume at 0.96x the 1H baseline with 1.58M traded, supporting further downside.
Debate:
Will price reclaim from this zone, or fail before reaching TP1?
Click bellow for trade 👇