Read this carefully my view on $RAVE
One trick the big players often use after a massive dump is pumping the token back up for a short period of time.
Why? Because it gives people hope again.
After seeing a small recovery, many holders start believing the worst is over and that a full reversal is coming. That is how people end up getting trapped twice.
We saw this happen with RAVE. After the heavy collapse from around 28.30, it lost more than 95% of its value and billions disappeared from the market.
Now even if RAVE pumps again for a while, that does not automatically mean it is a good long-term investment. Short-term bounces can happen in almost any chart, especially after such a huge crash.
That is why it is important not to get caught by the same story twice.
For me, tokens like RAVE are better for short-term futures trades and quick momentum moves, not for long-term holding or investing.
As always, do your own research and never let hope replace a proper plan.