$RAVE made a strong breakout toward 28.3 and is now pulling back slightly, forming a high-level consolidation just below resistance. This is typically a sign of strength, not weakness, as price is holding near highs instead of dumping.
The key level here is 24.5 as long as price stays above it, the structure remains bullish and another attempt toward 28–30 is likely. If it loses that level, a deeper pullback toward 22 becomes possible. Right now it’s not breaking out yet, but it’s not breaking down either it’s building pressure. Bias: bullish above 24.5, waiting for breakout continuation.
