The previous GRVT strategy has already taken profit and the structure has been validated. Before a breakout, it often starts by giving out a false bullish candle. This 15-minute rally from $RAVE , in my view, is the final struggle before the proof.
The daily trend is clearly pointing downward. The short-term RSI has been pushed that high—divergence is already there. This is not strength; it’s overspending.
From the order book, the feeling I get is that the follow-through isn’t strong. The higher it goes, the heavier the selling pressure becomes.
A big bearish candle that swallows up all the prior gains—this kind of script is very likely to replay at this position. I’m more inclined to wait until its momentum is exhausted, then trade a pullback in line with the main trend.
🔴 Trading direction: Short
📍 Entry range: 0.2931177 – 0.2941000
🛑 Stop loss: 0.3066581
🎯 Take profit 1: 0.2838220
🎯 Take profit 2: 0.2772974
🎯 Take profit 3: 0.2675105
Don’t chase the hype—the hype will linger on its own.
Stand shoulder to shoulder with Sister Li, so that every moment of time leaves an echo.
#RAVE
Click below to trade 👇
The daily trend is clearly pointing downward. The short-term RSI has been pushed that high—divergence is already there. This is not strength; it’s overspending.
From the order book, the feeling I get is that the follow-through isn’t strong. The higher it goes, the heavier the selling pressure becomes.
A big bearish candle that swallows up all the prior gains—this kind of script is very likely to replay at this position. I’m more inclined to wait until its momentum is exhausted, then trade a pullback in line with the main trend.
🔴 Trading direction: Short
📍 Entry range: 0.2931177 – 0.2941000
🛑 Stop loss: 0.3066581
🎯 Take profit 1: 0.2838220
🎯 Take profit 2: 0.2772974
🎯 Take profit 3: 0.2675105
Don’t chase the hype—the hype will linger on its own.
Stand shoulder to shoulder with Sister Li, so that every moment of time leaves an echo.
#RAVE
Click below to trade 👇