$RAVE ๐Ÿ”ป Bearish Signal(mark my word)

Currently, the RAVE coin is still in an upward trend, but signs of exhaustion are starting to appear โš ๏ธ

๐Ÿ“Š Why is the short-term trend bearish?

The price was rejected at the resistance level of $25.8 โŒ

The KDJ indicator is in the overbought zone โ†’ high correction potential

After a +45% increase, profit-taking is expected ๐Ÿ’ฐ

The price is too far above the moving averages (EMAs) โ†’ potential return to the average

๐Ÿ”ด Short Setup:

Entry: between $24 โ€“ $25

Target 1: $22

Target 2: $20

Target 3: $18

Stop Loss: $26.5

๐Ÿ“‰ Break levels:

Breaking $23 โ†’ confirming weakness

Breaking $21 โ†’ stronger correction towards $18

๐Ÿ’ก Market outlook:

Even strong trends need a cooling-off period. This looks like a healthy correction and not a complete reversal of the trend.

โšก Summary:

A short-term bearish correction is expected if resistance continues. Watch the price movement before entering.