$RAVE has the bears in control, and I'm watching for the next move lower.
All key timeframes from 1H to weekly align with BTC on the downside. The levels I'm tracking are 0.1313, 0.1286 and potentially 0.1199.
My preferred short zone is 0.1426–0.1450, where overhead supply and imbalance meet. I need to see rejection or a failed reclaim before entering. Thin volume makes chasing especially risky.
Declining OI, positive funding paid by longs and seller-dominant taker flow reinforce my bearish outlook.
The line that changes everything is 0.1514. A close above it kills the setup.
No blind entries, just waiting for confirmation. Educational purposes only, not investment advice.
All key timeframes from 1H to weekly align with BTC on the downside. The levels I'm tracking are 0.1313, 0.1286 and potentially 0.1199.
My preferred short zone is 0.1426–0.1450, where overhead supply and imbalance meet. I need to see rejection or a failed reclaim before entering. Thin volume makes chasing especially risky.
Declining OI, positive funding paid by longs and seller-dominant taker flow reinforce my bearish outlook.
The line that changes everything is 0.1514. A close above it kills the setup.
No blind entries, just waiting for confirmation. Educational purposes only, not investment advice.
