ZachXBT Just Torched $RAVE Top 10 Wallets Hold 98% of Supply
The guy who exposed countless rugs just named $RAVE.
Now exchange investigations are live.
▪ Price: $0.8800 · -4.28% ·
Vol: $64.96M (-52% vs avg)
▪ RSI: 28 deeply oversold, historically a bounce zone but also a trap in compromised projects
▪ Support: $0.75 ·
Resistance: $1.20
▪ Sentiment: Fear (33) ·
Market: Bearish
THE REAL STORY
ZachXBT alleged a coordinated pump and dump with on chain proof of extreme supply concentration 98% held by 10 wallets.
That's not a project, that's a syndicate. Over $27M in forced derivatives liquidations accelerated the 60%+ crash from ATH.
Volume collapsed 52% below average during the dump.
That means liquidity is thin. Thin liquidity cuts both ways violent down, but also violent up if a short squeeze ignites.
Here's what most are missing: RSI at 28 with $27M already liquidated means the panic sellers are nearly exhausted.
The dangerous trade isn't buying here it's the crowd shorting this into oversold conditions right before a dead cat bounce rips their face off.
THE SETUP
Entry: $0.82–$0.88 ·
Stop: $0.73 ·
Target 1: $1.05 ·
Target 2: $1.20
R/R: 2.1:1 ·
Timeframe: 48–72 hours ·
Conviction: Low
Watch: Any exchange delisting announcement ends this thesis immediately that's the one event that erases the bounce case entirely.
This is a deadcat bounce trade only. Not a recovery play.
Not a long term hold.
If $0.75 support cracks on volume, the next floor is psychological at $0.50.
The supply concentration issue doesn't disappear it just gets temporarily overshadowed by short liquidations.
Everyone calling this a buy the dip hasn't looked at who actually owns 98% of the supply.
If those wallets haven't finished selling, no RSI reading saves you.
Which side are you on deadcat bounce to $1.20, or straight flush to $0.50?
👇 Drop your target
⚠️ Analysis only. Not financial advice. Always DYOR and manage risk.
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