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$RAVE failed to sustain the impulsive breakout and is now showing rejection near local resistance after a sharp relief bounce............
Momentum is weakening into supply, and a downside retracement toward lower support levels remains likely if sellers maintain pressure.
Trade Setup: SHORT
Entry Zone: 0.5940 – 0.6000
Stop Loss: 0.6170
Take Profit Targets:
TP1: 0.5850
TP2: 0.5720
TP3: 0.5585#TradfiTradingChallenge