$RAVE I’m still bearish. The suppression in the 0.25190–0.25270 range is still in place. On my side, I’ve already opened a 20x isolated short position. Now, it looks like price in the 0.25190–0.25270 area continues to face pressure, with a reaction around 0.25230. The 4-hour structure is still leaning bearish, and the daily backdrop is also weak. The 15-minute RSI is at 52; momentum is neutral, indicating there’s still a possibility of further downside.



Looking at the 15-minute volume data: 4.00x, with actual traded volume of 105.80K versus the expected 26.45K, which confirms that sell-side activity is present. Next, focus first on 0.24910, then watch 0.24700. If weakness continues, we’ll look at 0.24390.

If price moves up to 0.25650, cut the loss—don’t hold on stubbornly. Pay attention to risk.
RAVE4.17%
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