【Demon Coin Surges】$RAVE ‌ The mutated variants among numerous demon coins over the past month?

① Over the past month, Old Jin has observed many demon coins, all of which share the characteristic of rising from a low point by as much as 10-15 times. When reaching this high level of increase, they quickly crash, ending the trend. However, $RAVE may be experiencing a mutation of this pattern.
② When #rave 's increase reached 10 times (price 2.2), it experienced multiple rapid declines of 1.6-1.7, forming a sideways consolidation with high-level turnover. This is not good news for friends looking to short. It indicates that the bulls are preparing to launch an attack on new highs from the 1.6-2 high level. As a result, it then surged sharply by 50%, breaking the $3 mark. This price represents the highest 15x increase for demon coins and has triggered many short positions with high volume.
③ Sunday is the last day of this weekly candle, and a new weekly candle will update on Monday. Tonight until midnight will determine whether RAVE continues to rise next week. For friends wanting to short, it’s recommended not to hold heavy positions and to focus on short-term trades. It’s not easy to make a full profit in one trade, and liquidation prices are above 20. For friends already caught in a position, if you can’t withstand the pressure, consider opening a hedge order of one-third or half of your position to raise the liquidation price and leave some room for escape.
④ Let me teach you how to check large orders and whale holdings for each coin. Use the mobile app, select the contract at the bottom, then choose Smart Money at the top. After entering, look at the Smart Money signals, and inside, select the contract information for the coin you want to view. #Gate广场四月发帖挑战