$RAVE Long Liquidation: $1.0423K at $0.52113
Long traders were caught as RAVE failed to hold above the intraday support zone and reversed lower. Buyers expected continuation after the prior push, but selling pressure stepped in quickly, triggering stop losses and forcing longs to exit. Liquidity below the range was taken cleanly, shifting short-term control back to sellers.
Entry (EP): $0.52300
Take Profit (TP): $0.50500
Stop Loss (SL): $0.53200
Market Outlook:
$RAVE is under short-term bearish pressure after losing the liquidation level. If price remains below this zone, further downside or choppy consolidation is likely. Bulls will need a strong reclaim with volume to flip momentum back upward. Trade patiently and manage risk with strict discipline.
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