“RAVE Just Nuked -87%.”
RAVE didn’t retrace — it collapsed.
From a high near $28,
price crashed to around $2.5 in a brutal move.
📉 -87% drawdown
⚡ liquidation cascade
🔥 panic selling everywhere
Structure is gone:
• supports wiped
• trend invalidated
• volatility extreme
RSI is deeply oversold,
but damage is already done.
This isn’t a dip.
This is a reset.
Now the real question:
Relief bounce… or more downside? 👀