Don't get me wrong, Iโm not against $RAVE! ๐
But looking at โ image_4.pngโ , as long as Longs sit near 70% on Perps, I don't buy a real trend reversal. A market this lopsided is just bait for market makers to trigger a long squeeze (liquidation hunt).
Don't fall for the +6.90% trap on $RAVE. This is NOT a trend reversal. ๐
The uptrend is dead. This tiny bounce is just pure oxygen for shorts to reload at higher prices while the downtrend stays in full control. Just a relief rally to trap retail. ๐๐
#RaveDao#RAVEUSDT#Short
@Anthony42150052 โ ๏ธ $RAVE : No reversal!
Top traders are 70.50% Long vs 29.50% Short. Daily chart is crushed under the Supertrend at $0.4518 with zero buying volume.
This huge imbalance is just liquidation fuel for whales. Don't catch the falling knife. ๐