Price is consolidating in a tight range while maintaining higher lows, indicating steady accumulation. Holding above 1.35 support suggests buyers are in control, with potential for a breakout toward the 1.40+ resistance zone.
Price pushed back into the 5.95 to 6.00 area but the follow-through looks weak, and candles are starting to stall right under local resistance. Sellers are reacting around this zone, and $RAVE is showing signs of momentum fading after the sharp intraday expansion. If this rejection holds, breakdown pressure can build fast and drag price back toward the recent support range.
Price is showing rejection after testing the upper range, with momentum slowing down near resistance. Lower highs forming on lower timeframes suggest sellers are stepping in for a potential pullback.