$RAVE is showing signs of short-term bearish pressure following a large long liquidation of $4.5647K at $0.62325. Such significant liquidations often trigger downward momentum, creating potential opportunities for cautious traders looking for short-term downside moves. Price action should be closely monitored for possible continuation or minor retracement setups.
Trade Setup:
Entry Zone: $0.621 – $0.624
Take Profit 1: $0.618
Take Profit 2: $0.615
Take Profit 3: $0.612
Stop Loss: $0.626
Market sentiment is leaning bearish after this event, but short-term swings may offer active traders opportunities to capitalize on volatility while managing risk carefully.
RAVEUSDT
Prep
0.66596
+46.20%
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