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This short setup feels really smooth: $RAVE was pushed down from the highs, and it finally tore apart all those fake “strong” moves from earlier. What the chart fears most isn’t that there’s no direction—it’s that, before the direction appears, it keeps using small pullbacks to confuse people.
Back then, what I was watching was how RAVE reacted around 0.4506. The price looked like it could still hold up, but every time it tried to push higher, it lacked follow-through—while the pullback was extremely proactive. A lot of people were still fantasizing about continuing to break higher; I felt the structure had clearly changed instead. This level is crucial: once high-level resistance under pressure is confirmed, it’s easy for the market to start printing consecutive releases downward.
Now the current price is 0.284, with an unrealized position profit of +905.01%. After the room for volatility opens up, the shorts’ timing is clearly in the lead. Don’t just stare at one single line here—the key is the progression from hesitation to breakdown, then to acceleration. That whole process has already provided plenty of signals.
If you’ve got positions, don’t keep fighting a long battle—take profit in batches with an 80/20 split, and let the remaining position continue with a protection level while watching. Protect the profits first, and then you’ll have the right to hold your “big picture” view. If you missed it, don’t chase, and especially don’t open trades emotionally. No chasing here—wait for the next opportunity.
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