This thing went from 0.20 to 2.24 in 4 days. I'm not chasing. Here's why. 👀
$RAVE textbook 5-wave impulse up. Wave (1) through (5) printed clean. Wave 4 dipped to 0.85 then exploded higher. That's Elliott by the book.
But wave 5 is extended and price is now at highs with zero support below until 0.45–0.55 zone.
Wait for the pullback. LONG:
📍 Entry: 0.45–0.60
🎯 TP1: 1.00 | TP2: 1.50
🛑 SL: 0.35
Perpetual contract. This retraces hard or goes parabolic no in between.
Size small. DYOR