Looking at the $M chart is like watching a replay of the $RAVE disaster.
Parabolic growth driven by $250M in leveraged open interest always ends in a liquidation cascade.
$RAVE fell from $19 to $11 in 36 hours M is currently sitting at its resistance at $3, ready to snap. If you’re still holding, you’re playing musical chairs with a $15M whale. The music is about to stop.
RAVEUSDT
Διην.
0.6459
-46.30%
MUSDT
Διην.
3.4269
-0.82%