$RAVE/USDT BEARISH CONTINUATION — WEAK STRUCTURE BREAK SIGNALS MORE DOWNSIDE ⚠️
📊 Trade Setup:
Entry Zone: $23.5 – $24.5
Take Profit Targets:
• TP1: $21.8
• TP2: $20.7
• TP3: $19.2
Stop Loss: $26.5
RAVE has lost bullish momentum after a sharp rejection from the $28.4 resistance zone, forming a lower high and breaking below key short-term support. Price is now trading under the 25 MA and struggling to reclaim it — a clear sign that sellers are in control. The recent bounce looks weak and likely a setup for continuation to the downside.
📉 Market Outlook:
Momentum has shifted bearish on the 15m timeframe with price rejecting the MA(25) and failing to sustain above key resistance. Volume spikes on red candles confirm selling pressure. If $22.8 support breaks decisively, expect acceleration toward lower liquidity zones. Only a strong reclaim above $26.3 would invalidate this bearish bias.
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