**Trade Setup for $RAVE/USDT Shorts**
Entry Point:
Look for a short opportunity when the price tests the range between 0.385 and 0.400.
Aggressive entries can be made near 0.39 to 0.395 if there's rejection or weak continuation.
Stop Loss:
Invalidation occurs above 0.415, where a clean break and hold would negate the short idea.
This level is crucial for assessing the trade's validity.
Take Profit Targets:
TP1: 0.345 - 0.350 (near EMA25 and prior consolidation levels).
TP2: 0.300 - 0.305 (range support area).
TP3: 0.270 - 0.255 (full retracement toward the previous base).
Leverage Guidelines:
Use low to medium leverage, up to a maximum of 10x.
Given the high volatility, it's essential to manage trade size effectively.