📈 $RAVE Is the Bottom Finally In? 📈
After the recent "Black Swan" volatility, RaveDAO ($RAVE ) is flashing strong recovery signals! 🚀
📊 The Numbers:
Turnover Ratio: We’re seeing volume-to-market-cap ratios exceeding 100%, suggesting massive accumulation and price discovery at these levels.
Support Found: The $1.20 zone is holding strong as a psychological and technical floor.
MACD Flip: On the 4H timeframe, the MACD has crossed above the signal line—a classic bullish indicator for a potential trend reversal.
💎 Why I'm Bullish: While the "pump" phase is over, $RAVE is now entering its "utility" phase. With the Lisbon Dance Summit approaching and real-world event revenue flowing in, the fundamentals are beginning to catch up to the price.
🎯 Next Target: A break above $2.00 could open the doors for a run toward the $5.00 resistance zone.
Are you buying the dip or waiting for more confirmation? 🏹