$RAVE
The current retail panic, which accuses manipulation, is a contrarian sentiment indicator. The technical reality, shown in the heat map of liquidations and the positioning data of whales, reveals a market saturated with short positions. With the price having bottomed out at 0.5 and already showing clear signs of recovery (surpassing 1.00), the base scenario is the search for the massive liquidity lurking above. In my opinion, RAVE is not dead; it is winding up its spring for a rebound driven by the desperation of trapped sellers.
My advice for many is that the rally has already begun; wait for a small drop and ensure that your exit or stop loss is just at the price where the rally started or below where its last minimum was.
The current retail panic, which accuses manipulation, is a contrarian sentiment indicator. The technical reality, shown in the heat map of liquidations and the positioning data of whales, reveals a market saturated with short positions. With the price having bottomed out at 0.5 and already showing clear signs of recovery (surpassing 1.00), the base scenario is the search for the massive liquidity lurking above. In my opinion, RAVE is not dead; it is winding up its spring for a rebound driven by the desperation of trapped sellers.
My advice for many is that the rally has already begun; wait for a small drop and ensure that your exit or stop loss is just at the price where the rally started or below where its last minimum was.