$RAVE still looks bearish even after the collapse.
The 4H chart is destroyed: vertical rejection from the euphoric top, hard loss of MA7 and MA30, RSI in oversold territory, and MACD deeply negative. The 15m chart does not show a clean reclaim either — just weak post-crash drift. On top of that, the market is dealing with manipulation allegations, concentrated-supply concerns, and heavy futures liquidations. This is not the kind of structure I want to blindly buy.
Bias: Short
Entry: 1.28–1.42
SL: 1.68
TP1: 1.05
TP2: 0.82
TP3: 0.58
If price cannot reclaim the 1.40 area with force, I expect more downside or dead-cat behavior at best.