📉 $RAVE — Sell Order (Short)
🔴 Current Situation:
Price is near a resistance zone
Relative weakness in upward momentum
Chances of further downside remain
📍 Trade Plan:
Entry: 0.302 – 0.306
SL: 0.312
🎯 Targets:
TP1: 0.295
TP2: 0.288
TP3: 0.280
⚡ Analysis:
Failure to hold above 0.306 supports a downside move
Breaking 0.295 may open the way for faster decline
Ongoing selling pressure supports achieving the targets
🧠 Risk Management:
Stick to a low risk percentage (1–2%)
Monitor price movement at each target
Move the stop-loss to the entry point after TP1
⚠️ Cancel the Trade:
Clear breakout and consolidation above 0.312
🔥 The trade depends on continued rejection from resistance; signal confirmation is important before entering.
$RAVE
🔴 Current Situation:
Price is near a resistance zone
Relative weakness in upward momentum
Chances of further downside remain
📍 Trade Plan:
Entry: 0.302 – 0.306
SL: 0.312
🎯 Targets:
TP1: 0.295
TP2: 0.288
TP3: 0.280
⚡ Analysis:
Failure to hold above 0.306 supports a downside move
Breaking 0.295 may open the way for faster decline
Ongoing selling pressure supports achieving the targets
🧠 Risk Management:
Stick to a low risk percentage (1–2%)
Monitor price movement at each target
Move the stop-loss to the entry point after TP1
⚠️ Cancel the Trade:
Clear breakout and consolidation above 0.312
🔥 The trade depends on continued rejection from resistance; signal confirmation is important before entering.
$RAVE