$RAVE Overextended Pump, Sellers Starting to Step In

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Trading Plan Short $RAVE

Entry: 9.20 – 9.70

SL: 12.20

TP1: 8.50

TP2: 7.00

TP3: 5.50

Price has made an aggressive vertical move with no proper base, which usually leads to exhaustion. The sharp push into the 9.80 zone shows signs of rejection and slowing momentum. After such a huge pump, market often needs a correction before any continuation.

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