$RAVE has once again dipped below $1, and this move was actually hinted at in the structure.

After a strong rejection at the highs, the price has been consistently making lower highs, showing that the trend is clearly weakening.

On the surface, it looks like a slow decline, but this rhythm often indicates that selling pressure is being continuously released.

If the bears continue to dominate, the price could extend further down; however, if we see a quick bounce back up, it would indicate that the downward momentum is starting to wane.

Right now, the key isn't that it has dropped, but rather — where will this downtrend end?