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$RAVE $RAVEUSDT (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.6540 - 0.6585
Targets:
TP1: 0.6425
TP2: 0.6340
TP3: 0.6235
Stop Loss: 0.6695
Why this Setup:
I’m shorting the rejection under local resistance after the recent failed bounce, and I want price to stay below the 0.66 area for confirmation. The structure still looks range-bound to bearish, so I’m looking for continuation back toward the prior support pockets if momentum fades.
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