$RAVE E / USDT — Range Fakeout or Real Breakdown? 👀📉
While many see consolidation, the 4H structure on $RAVE hints at potential downside pressure building. Price is testing a key resistance zone and momentum is cooling — a setup that often leads to a bearish move. 🐻⚡
🔻 Short Setup — $RAVE
Entry: 0.690302 – 0.704484
🛑 SL: 0.739939
🎯 TP1: 0.654847
🎯 TP2: 0.640665
🎯 TP3: 0.612301
📊 Why this setup stands out:
• Strong 4H bearish signal
• Major resistance within the daily range
• 15m RSI around 64 showing slowing momentum
• First target offers around ~6% downside potential
Daily looks range-bound… but 4H suggests breakdown pressure is rising.
If resistance holds, this could be the move that cracks the range. 🔥
Trade smart and manage risk 👇
#CryptoTrading #ShortSetup #TechnicalAnalysis #AltcoinTrade