$RAVE ‌ shows distribution after spike — breakdown continuation likely


15m chart forms lower highs after rejection at 28.3, price losing EMA25 support with bearish momentum expanding; structure shifting from accumulation to distribution.
SHORT 24.80 - 25.80
23.50, 22.50, 21.50
🛑 Stop Loss 26.80
Bias turns bearish as price loses mid-range support; favor short on weak bounce toward EMA resistance.#GatePreIPOsLaunchesWithSpaceX
RAVE-37.5%
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