I only consider a rebound as a weak rebound unless it can break out to higher highs and higher lows.

$RAVE is clearly under pressure right now… and this is not just a small pullback — it’s a continuation of lower highs + lower lows structure.
After that rejection near 1.75, price kept failing to recover strength and now we’re seeing consistent selling pushing it down toward 1.10 zone. Buyers are not stepping in aggressively yet — that’s the key weakness here.
Right now, the next important area sits around 0.96 – 0.97. This is where price might try to slow down or bounce. But the way it’s dropping, it doesn’t look like a strong reversal zone yet — more like a temporary pause.
If this level breaks cleanly, downside can open fast toward 0.70 – 0.55. That’s where real demand might come in.
On the upside, recovery won’t be easy. Price needs to reclaim 1.38 – 1.42 to show any real strength again. Until then, every bounce can be treated as weak.
Simple view:
Below resistance → still bearish
Lose 0.96 → deeper drop likely
Right now, it’s not about catching bottom… it’s about waiting for strength to come back.