The market looks calm... but the higher timeframe suggests sellers still have the edge.
🔻
$RAVE BEARISH SETUP CONFIRMED
Leverage: As preferred
📍 Entry: 0.2814592 – 0.2829408
🛑 Stop Loss: 0.3022825
🎯 TP1: 0.2671381
🎯 TP2: 0.2570969
🎯 TP3: 0.2420350
Technical Outlook
• The 1D trend remains bearish, favoring continuation to the downside.
• The 4H chart shows weak recovery attempts, while tightening volatility suggests a decisive move may be approaching.
• The 15m RSI is at 34.99, indicating bearish momentum remains intact without confirming a reversal.
• A rejection from the entry zone could accelerate selling pressure toward the listed targets.
• The bearish setup remains valid while price stays below 0.3022825.
Risk Management
Use disciplined risk management and always respect your stop-loss.
👇 Trade
$RAVE here
#RAVE