RRAVE plummets 28% - is it a "golden pit" or a "mass grave"? MACD death cross + smart money shorts raking in profits, Jin Yao urgently analyzes!

"The market rewards the few, and data is the code language of the few."

Current price 0.3788, down 28% from the high of 0.56. On the 1-hour chart, the MACD death cross continues, DIF crosses below DEA, bearish momentum has not exhausted, and bullish support is extremely weak. The liquidation map shows that within the 0.317-0.439 range, the liquidation intensity of longs and shorts is almost balanced, but the price has already fallen to the lower edge of this range, with a large number of long positions being liquidated.

Smart money data reveals the truth: long positions 900k, average entry 0.3584, floating profit only 48k, profit ratio 34.6%; short positions as high as 3.59 million, average entry 0.3871, floating profit 79k, profit ratio 60.7%. Fewer short traders, larger positions, higher profits - undoubtedly controlled by major shorts.

Strategy: Long entry near 0.355-0.365, target near 0.395-0.4150;

Short entry near 0.395-0.415,

Jin Yao's view: The medium-term trend remains bearish. A technical rebound may occur around 0.35-0.36, but 0.42-0.45 has become strong resistance. A rebound is a good opportunity to short.
‍$RAVE #Strategy拟回购股票涨超12%