Based on the RAVE/USDT $RAVE ‌#DailyPolymarketHotspot price is in a clear downtrend (price < EMA5 < EMA10 < EMA30), near the lower Bollinger band (LB: 1.043). MACD is bearish with DIF below DEA.

Here’s a trade plan focusing on the current weakness.

🔴 Short (Sell) Setup — preferred

· Entry Zone: 1.059 – 1.065 (current price to EMA10 resistance)
· Stop Loss: Above 1.082 (recent swing high / EMA30)
· Take Profit 1: 1.043 (lower Bollinger band)
· Take Profit 2: 1.030 (extension below recent low)

🟢 Long (Buy) Setup — high risk, only for aggressive reversals

· Entry Zone: 1.042 – 1.045 (touch of lower band & 24h low)
· Stop Loss: Below 1.030
· Take Profit 1: 1.062 (EMA5)
· Take Profit 2: 1.073 (mid-band / MB)

📊 Key Levels:

Type Price
Resistance 1.062 / 1.073 / 1.082
Support 1.043 / 1.042 (24h low)

✅ Execution Notes:

· Strong sell bias — avoid aggressive longs unless price reclaims 1.062 with volume.
· Short entries are best on small bounces to 1.062–1.065.
· If 1.042 breaks, next support is ~1.029.
· MACD is near zero but sloping down; confirm with a 5–15m red candle before shorting.