$RAVE OPEN INTEREST PLUNGES $30M — BEARS TAKING CONTROL ⚡
Open interest just dropped over $30 million on a top-tier exchange, a clear sign of aggressive long liquidation. The structure has broken to the downside with no meaningful retest, and order flow shows persistent sell pressure that suggests this move is far from finished.
Sellers are in full control here. The question now is whether you trust the momentum enough to join the shorts or wait for a dead cat bounce to get a better entry.
Not financial advice. Always manage your risk.
#RAVE #ShortSetup #LiquidationEvent #Crypto
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Open interest just dropped over $30 million on a top-tier exchange, a clear sign of aggressive long liquidation. The structure has broken to the downside with no meaningful retest, and order flow shows persistent sell pressure that suggests this move is far from finished.
Sellers are in full control here. The question now is whether you trust the momentum enough to join the shorts or wait for a dead cat bounce to get a better entry.
Not financial advice. Always manage your risk.
#RAVE #ShortSetup #LiquidationEvent #Crypto
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