$RAVE – Bearish momentum building, lower highs forming
Trading Plan Short $RAVE
Entry: 0.7420 – 0.7550
SL: 0.7950
TP: 0.7100
TP: 0.6800
TP: 0.6500
The price action on RAVE is clearly trending downward, consistently making lower highs and lower lows. Currently, the price is struggling to stay above immediate support after a sharp rejection from the 0.88 zone. All major moving averages (MA7, MA25, MA99) are positioned above the current price, acting as heavy dynamic resistance.
As long as the price stays below
Trade $RAVE here 👇