$RAVE The long liquidation at $0.34040 indicates forced sell-offs from late longs, often acting as local resistance after the flush. This suggests bearish continuation unless price quickly reclaims and holds above the liquidation level.
Trade Bias: Short-term SHORT
Entry Price: $0.338 – $0.342 (retest / rejection near liquidation level)
Target 1: $0.325
Target 2: $0.312
Extended Target: $0.300 (if selling pressure persists)
Stop Loss: $0.352 (clean reclaim above liquidation zone)
Invalidation:
A strong hold above $0.352 would invalidate the bearish setup and shift bias neutral-to-bullish.
RAVEUSDT
Perp
0.36356
+24.29%