$RAVE – Parabolic top signals high probability dump setup forming
Trade Setup: Short $RAVE
• Entry Zone: 1.92 – 2.10
• Target 1: 1.75
• Target 2: 1.60
• Target 3: 1.40
• Target 4: 1.20
• Stop Loss: 2.10
Price has reached an extreme parabolic extension, which historically signals exhaustion near the top as late buyers get trapped. This type of overextended move often leads to a sharp and aggressive reversal, with the setup targeting multiple support levels below as sellers take control.
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