$RAVE revisits the exact zone where failed rebounds typically break down.
$RAVE - SHORT
Trade Plan:
Entry: 0.83578 – 0.84814
SL: 0.87905
TP1: 0.80487
TP2: 0.79250
TP3: 0.76777
Why this setup?
The 4H SHORT setup is forming from the right location: 0.83578 – 0.84814 near 0.84196. 1D remains range-bound, RSI 15m is 37 (momentum neutral enough for downside to persist). 15m volume is only 115.05K versus a 1.26M quarter-hour 1H baseline (0.09x), so sellers still need cleaner follow-through.
Debate:
Are buyers defending the right area here, or are they about to get trapped?
Click bellow for trade 👇