Here’s the breakdown of your $RAVE setup:
$RAVE – SHORT
Trade Plan:
Entry: 0.28328 – 0.28544
SL: 0.29086
TP1: 0.27786
TP2: 0.27569
TP3: 0.27135
Why this setup?
4H short setup forming from the key zone 0.28328–0.28544, centered near 0.28436.
Daily chart is range-bound, indicating no strong trend, so bounces can fail.
15m RSI at 39 → enough neutral momentum for downside to develop.
15m volume 40.43K vs 1H baseline 10.10K → 4x spike, signaling rejection at this zone.
RAVEUSDT
Perp
0.2988
+3.85%