$RAVE USDT on Binance just took a brutal hit as price dumps to 0.5249 with a sharp 21 percent daily drop after rejecting hard from the 0.59–0.60 zone, showing clear bearish control on the 15m chart; price is trading below MA7 at 0.535, MA25 at 0.542, and MA99 at 0.564 which confirms strong downside pressure, volume remains heavy near 800M RAVE signaling panic selling rather than healthy pullbacks, immediate support sits near 0.505–0.510 while any bounce is likely capped around 0.545–0.555 unless bulls reclaim moving averages, momentum is weak and structure favors sellers, meaning volatility is high and only a clean hold above support or a strong reclaim of 0.56 can shift sentiment again.
