**Short Idea on $RAVE/USDT – Bearish Setup**
Hey Binance Square community! 🚀
With RAVE showing volatility after its recent launch and listings (including Binance), I'm spotting a potential short opportunity as price hovers around the 0.35-0.39 zone amid market pullback.
**Trade Plan:**
- **Direction:** Short (Sell)
- **Entry:** 0.35100
- **Stop Loss:** 0.39500 (Tight risk to protect against upside spikes)
- **Target:** 0.32100 (Aim for ~11% downside move)
Risk-Reward: ~1:2.5 – Solid setup if we see continued weakness.
Chart showing resistance rejection and downward momentum. Always manage risk – only trade what you can afford to lose!
NFA, DYOR. What's your take on $RAVE? Bullish rebound or more downside? Drop your thoughts below! 👇
#RAVE #CryptoTrading #ShortSetup #BinanceFutures
RAVEUSDT
Prep
0.37488
+36.04%