$RAVE Dear Guys ❤️ I am Here To Warn You About $RAVE #BRAVE
BREV
0.1508
-8.82%
We’re observing a clear loss of momentum on $RAVE, with selling pressure beginning to dominate near the recent highs. Price has repeatedly failed to sustain a breakout above resistance, suggesting a potential downside move.
Trade Idea: Short Setup
Entry: Consider initiating short positions around 0.33735, where price has shown rejection.
Stop Loss: Place a protective stop at 0.34329, just above the key resistance level to manage risk in case of a reversal.
Targets:
TP1: 0.32156
TP2: 0.31310 if bearish momentum continues
As always, risk management is essential. Follow your plan, size positions appropriately, and remain disciplined if market conditions change.