$RAVE Weak Structure: Downtrend Continuation

​$RAVE is currently exhibiting a breakdown in its market structure, confirming a continuation of the prevailing bearish trend. Sellers are maintaining control as the price struggles to find support, making this a prime candidate for a short position on any minor relief bounces.

​Trade Setup

​Entry Zone: 1.05 – 1.10

​Stop Loss: 1.18

​Take Profit 1: 0.98

​Take Profit 2: 0.92

​Take Profit 3: 0.85

​Current Market Snapshot

​Asset: RAVE (Alpha)

​Price: 1.02269

​24h Change: -13.69%

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