$RAVE ‌ looks like it's trying to liquidate everyone at once today.

This chart is absolute madness. We just saw a parabolic run up to 18.56 and now a massive red candle has wiped out a huge chunk of that move. The price is hovering around 12.46 and the volatility is honestly scary.
The 24h volume is sitting at a massive 2.26B USDT. That’s pure retail FOMO meeting heavy distribution. We’re down 15% today, but after a 4000% move in a week, this is actually expected. The support at 11.14 held for now, but if that breaks, there’s a long way down before the next floor.
The order book is slightly heavy on the short side (56%), which tells me people are betting on a deeper correction. I’m not touching this until I see a few 4h candles consolidate.
Are we looking at a dead cat bounce here or is the party over? Be careful with your leverage on this one, it’ll hunt your stop loss in seconds.

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