⚠️#RAVEUSDT : From $27 to $1.34—The Greatest Revenge Pump Loading? ⚡️
The massacre is complete. RAVE bled 95% in days, collapsing from $27 to $0.58, and now it's waking up with a 128% daily candle.
This is textbook dead-cat-bounce territory or the ultimate bear trap reversal. 1h chart shows a violent V-bottom with MACD flipping bullish (-0.028) and RSI at 42—room to run before overbought. Volume is anemic at 1.82B vs previous 4B+ peaks, signaling weak conviction but also thin resistance above.
The $1.71 previous breakdown level is the beast to beat. Reclaim it, and shorts get torched back to $7+. Fail here, and $0.58 gets retested hard. Early-stage project + 83% weekly dump = either capitulation bottom or distribution before round two.
LONG (Reversal):
Entry: $1.28
TP1: $1.71
TP2: $2.50
TP3: $4.20
TP4: $6.50
TP5: $8.00
SL: $1.10
SHORT (Continuation):
Entry: $1.71
TP1: $1.35
TP2: $1.10
TP3: $0.85
TP4: $0.70
TP5: $0.58
SL: $1.95
Is this the phoenix rising or a bull trap before the real nuke?
#rave #Write2Earn #ReversalOrTrap $RAVE
