$RAVE Short liquidation at $0.78726 indicates a strong bear squeeze, meaning price spiked up quickly and took liquidity above. With $10K+ liquidation, momentum is relatively strong, but these moves often lead to a cool-off or pullback after the spike.

Current Bias:

Short-term: Bullish (strong squeeze)

Next move: Possible rejection → pullback

Trade Setup (Short after confirmation):

Entry Zone: $0.80 – $0.84

Target 1: $0.74

Target 2: $0.69

Stop Loss: $0.87

#rave #Kalshi’sDisputewithNevada #BitcoinPriceTrends #USInitialJoblessClaimsBelowForecast #AltcoinRecoverySignals?

RAVEBSC
RAVEUSDT
0.96342
+5.86%