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Recently, RAVE experienced an extreme plunge and is in an oversold correction phase, with a slight rebound within the day, currently trading at about $1.04, with a 24-hour decline of -55.95%, and remains in a very weak state in the short term!
From a technical perspective, the rebound strength is very weak, the highs continue to decline, moving averages are in a head-and-shoulders pattern, and overall it is still in a downtrend channel. The rebounds are mostly false signals, with no signs of stabilization! RAVE has already gone through a collapse, dominated by a head-and-shoulders pattern!
Finally, An'an recommends only trading the head-and-shoulders pattern, not bottom-fishing, quick in and out, with strict risk control! $RAVE #加密市场小幅下跌 #RAVE闪崩超90%