$RAVE is currently staying in the H4 FVG and order block, and it has also shown ultra high volume on the M15,M30 and H1 timeframes. This means that whales and big players have taken profits in this zone, and Rave is likely to dump further📉.
For Spot Traders you should not buy this coin at this Price right now it is very dangerous because around 140 million in profit-taking has already doned in this zone. Because of that, the price may move in a range for a few hours since the large volume has been exhausted and volatility has dropped significantly.
If the price retests this zone and shows any short signal on the M15 timeframe according to your strategy, you can take a short position and target the liquidity below. First, secure 70–80% profit at a 1:1 risk-reward ratio, and let the remaining position run toward the liquidity target🎯.
Thank you for read my article ❤️
RAVEUSDT
Perp
0.8813
-5.34%