$RAVE touched $2.19! Can it flip the $2.00 psychological level into support? 🧱
Value: We are seeing extreme volatility. After hitting a high of $2.19, $RAVE is fighting to maintain its parabolic structure.
• The Bull Case: If volume stays above $300M daily, a test of the $1.60 - $1.70 zone is the new floor for the next leg up.
• The Bear Case: RSI is deep in overbought territory. A drop below $1.20 on declining volume would signal exhaustion and a potential sharp retracement to $0.85.
CTA: What’s your play? Set your stop-losses or buy the dips? 🎯💸