$RAVE This 15-minute RSI spike is worth watching closely. It’s not that it can’t go up—it's that within a downtrend, these kinds of pulses look more like traps.

Enter around 0.311, stop-loss at 0.3395, TP1 at 0.2896, TP2 at 0.2753, TP3 at 0.2539. The 4-hour timeframe is still a bearish structure, and the 15-minute RSI has run up to 69—clearly overheated. Shorting from this level gives a risk-reward ratio close to 3-to-1, and the stop-loss isn’t overly wide.

Insiders are adding shorts, while retail chases the 15-minute rebound and rushes in. Is it a fake breakout or a real reversal? As long as the bearish structure on the daily chart hasn’t broken, I lean toward waiting for this heat to cool off.