$RAVE Short Liquidation: $1.0118K at $0.57454
Short sellers on $RAVE were forced to exit as price pushed higher, triggering a clean short liquidation. Bears failed to defend the level, and forced buying added fresh momentum to the upside move.
Liquidation Type: Short
Liquidated Amount: $1.0118K
Liquidation Price: $0.57454
EP: $0.5710
TP: $0.5850 → $0.6000
SL: $0.5620
Market Outlook:
This short liquidation confirms buyers stepping in near the lower range and shifting momentum against shorts. As long as price holds above the liquidation zone, upside pressure remains active with room for continuation toward higher resistance. Small pullbacks are healthy, but structure currently favors the bulls.
Pro Tip: After shorts get liquidated, wait for a pullback into support. Calm entries beat chasing fast moves every time.
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