#RaveDAO
Massive volatility play, not a clean trend — this thing went from a hype pump straight into heavy distribution zone
Price recently spiked near $1+ and then dumped hard into lower range again, showing clear pump → sell-off structure
Now it’s sitting around ~$0.90 area trying to stabilize after heavy volatility
That’s your first warning — momentum is fading and price is no longer trending cleanly
Volume is still extremely high (~$80M+ daily), but candles are inconsistent which means distribution > accumulation right now
So the plan is simple
If price rejects $0.95–$1.00 zone again, that’s your short trigger area
Targets on breakdown:
🎯 $0.85 first support
🎯 $0.78 liquidity zone
🎯 $0.70 if panic selling continues
If it reclaims and holds above $1.05 with strong volume, then short idea is invalid
Stop loss above recent sweep high (~$1.10–$1.15)
Don’t chase bottom or mid-range — this is a wait-for-confirmation structure, not a random entry coin right now