$RAVE USDT$ is currently showing a short-term bearish structure on the 5-minute timeframe, with lower highs and consistent selling pressure after failing to hold above the 1.55–1.60 resistance zone. The recent sharp rejection followed by weak consolidation suggests that buyers are losing momentum while sellers remain in control. Volume spikes on downside moves further confirm bearish intent, making this setup favorable for continuation plays if key support breaks.

Price is hovering near a minor support area, and a clean breakdown could accelerate downside momentum.

A weak bounce into resistance may offer a better risk-to-reward short entry.

Trade Setup:

• Entry: 1.44 – 1.46

• Take Profit: 1.38 / 1.34

• Stop Loss: 1.50

RAVEUSDT

Perp

0.8753

-4.10%