#RAVE — Vertical Breakdown, Panic Selling Phase

RAVE

Alpha

0.43755

+9.12%

RAVE has experienced an aggressive vertical sell-off, wiping out structure in a single impulse move. Price is now flatlining near the lows, indicating capitulation behavior rather than healthy consolidation. With no base formation, no bullish divergence, and momentum still heavy to the downside, the structure remains clearly bearish. Any bounce at this stage is likely corrective.

Trade : Short

Entry Zone: 0.3350 – 0.3550

Targets:

TP1: 0.3050

TP2: 0.2750

TP3: 0.2450

Stop Loss: 0.3820

Bearish continuation remains valid while price stays below the 0.36–0.38 resistance zone. Only a strong reclaim and stabilization above this area would invalidate the bearish bias and signal a potential base formation.

$RAVE