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🚨 Double Alert: -4.1% Drop & 4.2x Volume on $RAVE
Heavy selling volume just hit. This doesn’t look like normal panic — it smells like **smart money distribution**.
Aggressive Breakdown:
• Bias: **Bearish** until proven otherwise
• Immediate target: 0.7931
• If that breaks → next stops at 0.7493 and 0.7100
Short Setup:
Wait for a weak bounce or lower high into 0.8204 + bearish rejection (engulfing or pin bar on 5m/15m).
Enter short around 0.8204 → TP1 0.7931 → TP2 0.7493
Longs? Only for scalpers: Sharp sweep below 0.7931 + strong V-reversal with clear absorption. Quick scalp back to 0.8204.
Bullish invalidation: Strong reclaim and hold above **0.855** with volume → then we can talk about 0.8837+
Right now, the sellers are in control.
Distribution or capitulation bottom?
Reply SHORT if you’re bearish, SCALP LONG if you’re hunting the bounce, or WAIT if you’re staying sidelined! 👇
Not financial advice | DYOR only
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