$RAVE Long Liquidation: $1.1338K at $0.46678
Long traders were trapped as RAVE failed to hold support and dropped sharply. Buyers entered too early, but selling pressure increased and forced a clean liquidation below the range. Liquidity was taken fast, showing weakness in short-term price structure.
Entry (EP): $0.47400
Take Profit (TP): $0.44500
Stop Loss (SL): $0.48600
Market Outlook:
$RAVE remains weak in the short term after losing key support. Unless price quickly reclaims the breakdown level, further downside is possible. Caution is advised, and waiting for clear confirmation is safer than rushing entries.
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