$RAVR Short Opportunity? 📉
$RAVE is currently trading at $16.24, and the technicals are starting to look heavy. After a solid run, we are seeing signs of exhaustion on the lower timeframes.
The Setup:
Current Price: $16.24
Trend: Potential rejection at local resistance.
Momentum (RSI) is showing a bearish divergence.
Entry Zone: $16.20 - $16.35
Targets: 🎯
$15.50 (Immediate Support)
$14.80 (Major Liquidity Zone)
$14.10 (Deep Retracement)
Risk Management: 🛡️
Stop Loss:
Above $17.10
The market is looking volatile—watch the volume closely. If don’t hold $16, the slide could be fast.
What’s your play?
Shorting the top or waiting for a bounce? Let me know below!
#Write2Earn
RAVEUSDT
Perp
0.8745
-4.81%