$RAVE got rejected hard from the 0.28 resistance and is now trending lower toward support. Weak follow-through on upside shows buyers losing strength, increasing the chances of further downside.

⚡ Short Setup

Entry: 0.258 – 0.265

TP: 0.248 / 0.235 / 0.220

SL: 0.273

📊 Lower highs + weak volume on bounces = bearish pressure building. A break below 0.255 could speed up the drop. Only reclaim above 0.27 flips bias.

RAVEUSDT

Perp

0.28668

+0.55%