$RAVE just printed a textbook parabolic move — and now it’s stalling right at the top. Price is struggling to break higher while RSI is already rolling over, which is a clear sign momentum is fading. This is exactly how distribution looks before a larger move down.

The 2.1–2.3 zone is acting as strong resistance. Multiple rejections here tell me sellers are stepping in aggressively. At this stage, every bounce looks more like a bull trap than real strength. Liquidity is likely getting pulled before the real move begins.

I’m not looking for longs here. This is a short zone. As long as price stays below resistance, downside remains the dominant scenario. If breakdown confirms, the move down won’t be slow — it will be sharp and fast. Targets in the 0.7–1.0 range are completely realistic based on structure.

I’m already in short and holding. This feels like one of those trades where patience pays big.

RAVEUSDT

Perp

1.9904

+304.34%