🔻 $RAVE /USDT — Rejection at Intraday Resistance
$RAVE saw a sharp pump, but price is now rejecting from intraday resistance, signaling exhaustion at higher levels. The pullback structure suggests a short-term distribution phase, making a downside continuation likely if sellers maintain control.
Momentum is cooling off, and failure to reclaim the resistance zone strengthens the bearish case.
📌 Short Trade Setup
Entry Zone:
➡️ 0.362 – 0.368
🛑 Stop Loss:
• 0.377
🎯 Targets:
• TP1: 0.352
• TP2: 0.345
• TP3: 0.335
🔍 Bias:
As long as price stays below resistance, rallies are likely to be sold. Expect continuation toward lower liquidity zones.
📉 Trend: Short-term Bearish
⚠️ After Pump: High volatility — manage risk
💰 Short $RAVE
RAVEUSDT
Διην.
0.3732
+8.36%