🚨 $RAVE — Parabolic Move Near Highs, Liquidity Trap Possible

RAVE is showing signs of distribution near the highs, with late buyers at risk of getting trapped if liquidity gets swept above resistance ⚠️

📊 Market Structure: Bearish bias on 15m, while 1H momentum is slowing, hinting at potential reversal pressure.

📊 SMC View: Equal highs formed — liquidity resting above 1.70, with rejection from a supply zone and weak bullish continuation.

🚀 RAVE/USDT — Short Setup

Reasoning: A liquidity sweep above highs into supply is likely, followed by bearish displacement.

🎯 Entry: 1.66 – 1.70

🎯 Target 1: 1.52

🎯 Target 2: 1.38

🛑 Stop Loss: 1.78

⚠️ Invalidation: If price holds above 1.78, this setup becomes invalid.

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