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$RAVE This time it's really the bottom, the dog whale is preparing to multiply by 5 again!
This time it's really the bottom, long leverage positions have been mostly cleared! From the all-time high of 28.5, it plummeted down, now at 0.7048, over 97% drop from the high, severely oversold, and the bearish momentum has long been exhausted!
From the chart, the price has broken below all short-term EMA lines, but the RSI indicator is stabilizing at low levels, and declining volume indicates selling pressure has dried up, a typical sign of the final phase of a decline!
Against the backdrop of BTC and ETH consolidating and forming a bottom, these extremely oversold altcoins that have undergone intense shakeouts and have very low market cap are most likely to be targeted by the dog whale. Now the whale is collecting chips with both hands, and once the accumulation is complete, a violent surge will follow. Doubling again by 5x is not a dream! Get in quickly, don’t get left behind in the last shakeout!
Trading plan: Long position
Entry: 0.69 – 0.72
Stop loss: 0.60
Target price: 1.50 → 3.50
Trade here $RAVE 👇