$RAVE: Profit Taking Mode 📉

$RAVE SHORT (Scalp)

Entry: 0.3550 - 0.3650

Targets: 0.3380, 0.3200, 0.3050

Stop Loss (SL): 0.3890

Leverage: 3x - 5x

Reason:

The price hit a high of 0.38836 but quickly dropped, creating a long 'wick' which shows that big players are selling.

It is now struggling to stay above the short-term moving average (yellow line), indicating weakness.

With low liquidity compared to market cap, the price can drop quickly if buyers don't step in soon.#RAVEUSDT #BlockAILayoffs #MarketRebound

Will $RAVE

RAVEBSC
RAVEUSDT
0.28298
-12.24%

find support or continue to slide?