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$RAVE just printed a +38% move… but the real question is — momentum fading or reloading?
$RAVE didn’t just pump — it walked up structurally.
From ~$0.95 → $2.31, this wasn’t a single spike.
It built higher lows + controlled expansion, signaling intentional positioning, not random hype.
Now comes the key moment 👇
After tagging $2.31 resistance, price is showing:
→ Tight consolidation
→ Smaller candles
→ Wicks on both sides
That’s not panic.
That’s indecision at a key level.
What’s happening here?
This $2.05–$2.30 zone is where:
• Early buyers take profit
• Late longs enter
• Market decides continuation vs distribution
This is where most traders get chopped.
Two scenarios:
1. Break & continuation
If $RAVE reclaims $2.30 → expansion phase
2. Range → pullback
If rejection holds → sweep toward $1.80–$1.90
Insight:
Big moves don’t end with one red candle.
They end with loss of structure.
Right now?
Structure is slowing — not broken.
My approach:
No chasing.
Watching confirmation at resistance.
What’s your call on $RAVE? Breakout or liquidity sweep first? 👇