$RAVE USDT on Binance perpetual futures experiencing massive volatility — a sharp pump to 0.72680 high in the last 24 hours, followed by a brutal -55.37% dump from recent levels, now trading at 0.288874 (mark around 0.2908). This classic pump & dump action created a huge red candle after the explosive green run-up.

Key indicators flashing signals:

Price rejected hard from highs and broke below recent support (~0.336-0.439 zone), now hovering just above the 24h low of 0.25623.

EMAs are still bullish-aligned but price is way below EMA(8) 0.480, EMA(13) 0.457, EMA(21) 0.430 — strong bearish momentum.

RSI(14) at 41.35 (neutral-bearish, not oversold yet), RSI(6) 32.20 dipping lower.

Stochastic showing K 58 / D 71, starting to roll over.

This looks like a classic overextended rally correction in a high-vol meme/entertainment token like RaveDAO — after the hype spike, profit-taking crushed it. But with volume still elevated (366M+ in recent bars) and price holding above the daily low, a short-term bounce could be in play before further downside.

🚨 TRADE FORECAST: SHORT $RAVE USDT Now! 🚨

Entry around current ~0.288-0.291

Take Profit 1: 0.256 (24h low, quick scalp +12%)

Take Profit 2: 0.232 (next major support zone, +20% potential)

Stop Loss: 0.310 (above recent wick high / invalidation, risk ~7-8%)

High volatility — use low leverage (5-10x max), tight risk management! Could retest lows or fake out higher first. DYOR, NFA — trade smart!

Don't miss the next move — follow for more futures calls & turn 🔔 on ✅ Trade $RAVEUSDT on Binance Now!

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