$RAVE It is clear that there is pressure now… and this is not just a small pullback — it is a continuation of the low highs and lows pattern.

After rejection near 1.75, the price continued to fail to regain strength, and now we see ongoing selling pushing it toward the 1.10 area.
Buyers have not intervened decisively yet — this is the main weakness here.
Currently, the next important zone is around 0.96 – 0.97. Here, the price may attempt to slow down or bounce back.
But the way it is retreating, it doesn’t look like a strong reversal zone yet — more like a temporary pause.
If this level is broken cleanly, a rapid decline toward 0.70 – 0.55 could open up.
There, genuine orders may appear.
On the upside, recovery will not be easy.
The price needs to regain 1.38 – 1.42 to show any real strength again.
Until then, every rebound can be considered weak.
Simple view:
Below resistance → still bearish
Loss of 0.96 → likely deeper decline
Currently, it’s not about catching the bottom… but about waiting for strength to return.