Price is moving up cleanly, making higher highs , but the important thing here is volume. Since the start of the move, volume has been consistently declining while price keeps pushing higher.
This kind of price volume divergence usually signals weakness. The move is being sustained without strong participation, which often means late retail buyers are entering while larger players are either holding or slowly distributing.
Right now, structure is still bullish, so no reason to rush into a short. But this is not a strong or healthy uptrend.
📌 Not financial advice. Do your own research (DYOR).
This is the $RAVE daily chart. Since April 10, daily volume has been declining while price continues to move upward. This kind of move is usually driven by retail participation traders are buying and even shorting into strength while whales are simply holding large positions.
The main reason $RAVE hasn’t dumped yet is the lack of real selling pressure. There’s no significant sell volume in the market, and funding is still negative, which suggests the majority is positioned against the move.
But this kind of structure doesn’t last forever. Once whales start offloading their positions, the move can unwind very aggressively. If that happens, $RAVE could drop hard even 70–80% within one or two strong candles.
📌 Not financial advice. Do your own research (DYOR)
Instead of commenting,it would have been better if you had placed a limit order at the level I mentioned. OMG went up by 172% exactly after hitting my entry point.check the chart!
MJL112
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Show us your entry so… or just recommend operations and you don’t trust in your notes..??? 🤨🤨🤨🤨 poor trader 👎🏻
“If you’re not following me, you’re missing out on high-quality setups. I won’t be posting these for much longer and will eventually stop sharing them altogether. Don’t miss out—follow along while you still can!” #solonapumping #SolanaUSTD #Sol#SolETFApproved #solanAnalysis
jaffery110
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Short Sol Cmp 175 SL 180 and TP 168 #Sol #solonapumping #Solana_Blockchain