$RAVE is trading at 0.94, up 19 percent
today. It was down 72 percent over the last seven days.
This is a dead cat bounce, not a reversal.
The 99 EMA is at 1.30. Price is far below it.
The lower EMAs are flat. Volume on the bounce is declining.
The pattern matches $TRADOOR , $CHIP and others
Vertical pump from a whale. Vertical dump. Relief rally that traps late longs.
The structure is broken until 1.30 is reclaimed.
That is 37 percent above current price.
Do not long this.
Do not short without a clear breakdown of 0.77.
Let the EMAs reconfigure.
Let a range form.
Capital is better deployed in assets with intact trends.
RAVEUSDT
دائم
0.6626
-8.36%
TRADOORUSDT
دائم
0.7291
+1.65%