Today I'm just monitoring one: $RAVE
Since the dump yesterday, it's clear the market is still "not healed".
The price tried to pump, but it always gets rejected.
There are buyers, but not enough firepower to push it up seriously.
What's interesting is that volume is slowly creeping back in.
Not huge, but enough to signal that there are still some scooping up.
On the flip side, sellers haven't fully tapped out yet.
$RAVE right now is in a phase that's confusing a lot of folks:
Want to enter but scared it will dip again
Want to exit but afraid of missing out if it suddenly pumps
Usually in conditions like this, the market is waiting for direction.
Whether it will continue to drop...
or slowly recover.
Personally, it's not $RAVE time to go all in.
Better to wait for confirmation.
Because after a big dump,
the most dangerous thing isn't the drop...
but false hope of a slight rise followed by another trap.
For now: be patient, don't get carried away by emotions.
$RAVE the direction is still unclear.
Since the dump yesterday, it's clear the market is still "not healed".
The price tried to pump, but it always gets rejected.
There are buyers, but not enough firepower to push it up seriously.
What's interesting is that volume is slowly creeping back in.
Not huge, but enough to signal that there are still some scooping up.
On the flip side, sellers haven't fully tapped out yet.
$RAVE right now is in a phase that's confusing a lot of folks:
Want to enter but scared it will dip again
Want to exit but afraid of missing out if it suddenly pumps
Usually in conditions like this, the market is waiting for direction.
Whether it will continue to drop...
or slowly recover.
Personally, it's not $RAVE time to go all in.
Better to wait for confirmation.
Because after a big dump,
the most dangerous thing isn't the drop...
but false hope of a slight rise followed by another trap.
For now: be patient, don't get carried away by emotions.
$RAVE the direction is still unclear.