🚨 A Sharp Sell-Off at $RAVE !

Just as the rally was aggressive the sell off hit with equal force.

What’s visible on the chart is now clear. The parabolic rally is over, and the price has plummeted sharply.

After ZachXBT’s manipulation allegations surfaced, Binance CEO Richard Teng said the activity was being reviewed on the Binance side, while the CEO of another major exchange also signaled that the situation was under review. Following those posts, confidence around RAVE weakened quickly and the price sold off hard.

The biggest mistake with coins like this is assuming the rally is sustainable. What the market is seeing in RAVE right now isn’t strength it’s a correction.

Be cautious!