📉 VERTICAL BLOW-OFF! Rave ($RAVE ) Hits Supply Wall at $0.46: Short Setup! [SHORT]
⚡ TRADE EXECUTION (RAVE/USDT Perpetual)
📉 ENTRY ZONE: $0.4500 – $0.4630
🛑 STOP LOSS (SL): $0.4750 (Above the psychological $0.47 level and 24h high)
🎯 TARGET 1: $0.4120
💰 TARGET 2: $0.3780 (Major structural support zone)
🔥 WHY WE ARE SHORTING RAVE
Rave (RAVE) has staged a massive parabolic rally on the 1-hour timeframe as of February 19, 2026, but the technical indicators are now flashing a classic "exhaustion" signal at a major resistance cluster:
Parabolic Overextension: The price has rocketed from a local base near $0.3615 to a peak of $0.4635, representing a vertical gain of ~28% in just a few hours. Such steep moves without structural consolidation are highly susceptible to sharp mean-reversion sell-offs as early buyers take profits.
Wick Rejection at Resistance: The most recent 1-hour candle shows a failure to sustain momentum above $0.463, leaving behind a clear bearish upper wick. This indicates that a significant pocket of supply (sellers) has been hit at this local top.
Extreme Market Fear: Broad crypto market sentiment remains pinned in "Extreme Fear" (Index Score: 8–10). In this risk-off climate, independent altcoin pumps are frequently used as "exit liquidity" for whales, often leading to rapid "long-squeeze" events.
Momentum Deceleration (MACD): While the MACD is currently positive at 0.00751, the histogram bars are reaching extreme extension on the 1-hour chart. A contraction in these bars or a leveling off of the DIF line (0.01684) would signal a loss of buying pressure.
Volume Climax: The final push to $0.463 was met with a massive volume spike, with over 13.3M RAVE traded in the latest bar. Vertical price action accompanied by a volume climax often marks the "buying exhaustion" phase before a deeper correction.
Is the RAVE party over, or is $0.50 the next target? 👇
