🔥 $RAVE Battlefield Report: Seeking Direction Amidst High Volatility!
Current price: $0.3117. The past 2.5 hours (10 15m candlesticks) have been an epic battle! 📈📉
【Key Highlights】
1️⃣ High Volatility Washout: Average volatility reached 4.59%, with a maximum amplitude of 7.75%, and market sentiment is extremely active.
2️⃣ Fierce Long/Short Confrontation: A 'strong bearish candle' (-3.82%) was immediately followed by a 'strong bullish candle' (+3.83%) in a V-shaped reversal, indicating intense chip exchange.
3️⃣ Volume Support: Alternating volume increases during price drops and rises, indicating ample liquidity and not random movements.
【Core Interpretation】
Price has repeatedly bounced back and forth within the narrow range of $0.29-$0.32, with mostly full-bodied candlesticks, indicating serious commitment from both sides. Currently, the price has returned to the upper part of the range but faces pressure from previous highs.
This structure of high volatility and high turnover is often a precursor to a trend change. Will it break through with accumulated strength, or will it fall back again? Closely observe the strength and volume of the next candlestick!
