$RAVE just launched and already printed a sharp rejection.

On fresh listings, this is a pattern I’ve seen play out countless times:

📉 Initial spike fails → 📉 momentum flips bearish → 📉 price hunts liquidity at the lows

Right now, momentum is clearly favoring continuation to the downside.

I don’t see strength for a meaningful bounce before price retests and re-tests the bottom. Any small upticks are just exit liquidity until proven otherwise.

I’m short on $RAVE , managing risk tightly and letting the market confirm the bias.

New tokens don’t forgive impatience they reward discipline.

📌 Fresh launch + failed impulse = respect the downside until structure says otherwise.