$RAVE Trade: SHORT — Resistance Holding Firm 🔴
🔴 $RAVE – SHORT
📍 Trade Plan:
🟢 Entry: 0.27580 – 0.27660
🔴 Stop Loss: 0.27990
🟢 TP1: 0.27340
🟢 TP2: 0.27160
🟢 TP3: 0.26880
Why this setup?
Price is reacting from a key resistance zone while the higher-timeframe structure remains bearish.
The 0.27580–0.27660 area offers a potential rejection zone for sellers.
Short-term momentum remains weak, with RSI leaving room for additional downside.
The bearish setup remains valid while price stays below 0.27990, with downside targets at 0.27340, 0.27160, and 0.26880.trade here 👇
