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You’re Misreading This Chart - This Isn’t Weakness, It’s Preparation for the Next Move
Most of you are reading this chart wrong, so let me explain it simply. $RAVE is not showing weakness here — it’s actually building strength. After a strong impulsive move upward, price didn’t dump like weak markets do. Instead, it started moving sideways and holding above the support zone around 11.3–11.6. This kind of behavior is not random; it’s a classic sign of accumulation. Buyers are absorbing selling pressure, and sellers are clearly losing control.
Now think about how the market really moves. It needs liquidity to push higher. Right now, that liquidity is building inside this range and just above the recent highs. Once that liquidity is taken, the move usually becomes fast and aggressive. You can already see the signs — every dip is getting bought quickly, and price is not collapsing. That tells you momentum is still bullish.
If this support continues to hold, the next move is not likely to be slow. It’s setting up for an expansion toward the 14–15 zone. The mistake most traders will make is waiting for a breakout and then entering late, while smart money positions during this quiet phase. This is not a top — this is preparation for continuation.
$WET $ON
Most of you are reading this chart wrong, so let me explain it simply. $RAVE is not showing weakness here — it’s actually building strength. After a strong impulsive move upward, price didn’t dump like weak markets do. Instead, it started moving sideways and holding above the support zone around 11.3–11.6. This kind of behavior is not random; it’s a classic sign of accumulation. Buyers are absorbing selling pressure, and sellers are clearly losing control.
Now think about how the market really moves. It needs liquidity to push higher. Right now, that liquidity is building inside this range and just above the recent highs. Once that liquidity is taken, the move usually becomes fast and aggressive. You can already see the signs — every dip is getting bought quickly, and price is not collapsing. That tells you momentum is still bullish.
If this support continues to hold, the next move is not likely to be slow. It’s setting up for an expansion toward the 14–15 zone. The mistake most traders will make is waiting for a breakout and then entering late, while smart money positions during this quiet phase. This is not a top — this is preparation for continuation.
$WET $ON
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