$RAVE just went through a wild ride, and the chart shows pure emotion.
Price pushed hard and topped near 0.79, but that move didn’t last long. Heavy selling stepped in and the market pulled back fast, dropping toward the 0.50 zone. That correction cleared a lot of short term hype and weak positions.
Right now $RAVE is trading around 0.52 and trying to stabilize. You can see price slowing down after the drop, with candles getting tighter. This usually means selling pressure is cooling and the market is looking for balance.
The 0.50–0.51 area is the key support to watch. As long as this zone holds, a recovery move toward 0.58 and then 0.70 remains possible. Those levels will decide if momentum can come back.
If 0.50 breaks, the market may drift lower and spend more time in consolidation before the next move.
This is a classic cool off phase after a strong pump and sharp pullback. The market already punished impatience. Now it rewards calm decisions and timing.
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