$RAVE — Weak Structure, Bearish Pressure Building
$RAVE failed to hold higher levels and dropped from 1.84 → 1.01, showing clear rejection and strong selling pressure.
Price is now stuck around 1.14, forming weak consolidation after a breakdown — buyers are not showing strength.
Short Setup
Entry: 1.13 – 1.16
SL: 1.30
Targets:
TP1: 1.05
TP2: 0.98
TP3: 0.90
Why this setup
Trend has shifted bearish with consistent lower highs + weak bounces.
No strong recovery, and price is holding below key resistance.
As long as 1.30 is not reclaimed, downside pressure remains dominant.
#rave #KelpDAOExploitFreeze #JustinSunSuesWorldLibertyFinancial #JointEscapeHatchforAaveETHLenders
RAVEUSDT
Perp
0.90072
-3.45%