$RAVE
RAVEUSDT
Perp
0.28629
-37.69%
just got executed.
A sharp -35% dump from the 0.46–0.47 distribution zone confirms this was never a breakout — it was a liquidity trap.
Price is trading around 0.310 after printing a low at 0.281.
All key MAs are stacked above price:
MA7 ≈ 0.29 (weak bounce)
MA25 ≈ 0.35
MA99 ≈ 0.41
This structure screams sell-the-bounce.
Bias: Bearish
Resistance: 0.33–0.35 (major rejection zone)
Support: 0.28 → if lost, next leg down opens
Structure: Distribution → breakdown → consolidation before continuation
This small green candle is not strength.
It’s a pause before the next move.
Market isn’t healing — it’s setting the next trap.