$RAVE The essence of this violent surge is the culmination of extremely oversold conditions, the complete exhaustion of negative news, combined with the妖性 reversal caused by intensified whale control and manipulation. It is fundamentally not a fleeting short-term rebound.



Previously, it plummeted from a historical high of 28.3 down to 0.452, with an oversold decline of over 98%, thoroughly washing out all high-level trapped positions and leveraged positions. The selling pressure above was fully released in panic-driven sell-offs, which is the strongest confidence behind its ability to break out with violent upward movement. The market's previous biggest concern was project team dumping news; after landing, it only dipped briefly before quickly stabilizing, with selling momentum completely exhausted, providing an excellent window for big funds to scoop up the bottom and manipulate the market.

This rally is entirely dominated by large funds; it is not a trend driven by retail groupings. The 24-hour trading volume reached 2.24B USDT, rising from a low point to a high of 2.68 within the day, with a range increase of over 460%, all built on real money. The futures side further confirms the bullish strength; in the past 24 hours, its liquidation amount ranks only behind Bitcoin and Ethereum, mostly forced liquidations of short positions, creating a cycle of rising prices forcing short covering. Large investors have maintained a bullish advantage, with volume decreasing during pullbacks, indicating that the main chips are not moving—just washing out short-term profit-taking traders.

This coin inherently has a strong whale control attribute. Its previous rise to 28 proves the main players' control strength. Now, after extreme overselling, only long-held spot positions remain, and the resistance to upward movement is much lower than other coins, opening up space for a rebound. As long as trading volume does not collapse sharply and the price does not effectively break below the key support at 1.3, the bullish trend will not end. The next likely move is to first push toward the previous high of 2.68; if it stabilizes, it can move toward the 3.5-4.0 range. But core risks must be closely monitored: if the project team dumps large amounts of tokens on exchanges again, this rally could end at any time.

In terms of trading, avoid blindly chasing highs. Start with a light position around the current price of 1.67, add to longs on a pullback to the strong support at 1.45, and first take profit at the intraday high of 2.68. If volume breaks through that level, hold on for higher gains. Set a strict stop-loss at 1.2; if it effectively breaks below, exit decisively without holding the position. Keep a close eye on on-chain data and trading volume. If signs of volume stagnation or whale dumping appear, immediately take profit to avoid risk.
RAVE123.25%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin