Why I still believe $RAVE will pump back to 5$
Last night I mentioned that RAVE at 0.52$ was a high-probability recovery entry with a short-term target of 2$.
That target didn’t just get touched.
It got cleared with strength.
And when a token smashes its first recovery target this cleanly after a deep crash, it usually means the move is not finished yet.
Here are the exact reasons why the 5$ target still makes sense from here:
• The 0.5$ zone acted like a classic capitulation bottom.
• Buyers stepped in aggressively at support
Price recovered faster than expected after the crash.
• Selling pressure weakened instead of increasing near resistance.
• Momentum returned before the market even turned bullish overall.
These are not signs of a dead chart.
These are signs of early-stage recovery structure.
Most traders only believe a rally after it already happens.
But historically, tokens that bounce strongly after a 95–99% crash don’t stop at 2× moves.
They continue pushing until late sellers are forced back into the market.
That’s why the path toward 5$ still looks active and last night’s move was just the confirmation step, not the final destination 🚀