After a 92% plunge, a "golden pit" suddenly appeared on the chart. Is RAVE this time the last chance to buy in, or are the big players just drawing the door and cutting the leeks? Veteran trader Dashang thinks that the $1.35 level is the critical point.

Technical analysis: The current trend is very typical—a rebound from oversold conditions followed by a second retest. On the 1-hour chart, the yellow and white lines have a death cross, and the trading volume has shrunk, looking alarming, but it's actually a classic shakeout pattern. $RAVE
Case: Remember the TRB wave back then, when the big players liked to scare off retail investors with "drawing the door" during accumulation. The liquidation map shows that above $1.37, there were a bunch of short orders stacked, and once broken through, the bears would be forced to liquidate and push the price back up.
My personal view: Above $1.355, you can try a small long position, targeting $1.40–$1.45.
Others are afraid, I’m entering the market, but don’t be the one who ends up buying the year-end bonus for the big players. $RAVE