RaveDAO's RAVE token risks another 50% crash amid price manipulation claims

💡 DMK Insight

RAVE’s descent towards the $0.30 trendline is a critical moment for traders. Testing this lower trendline could trigger a wave of selling if it breaks, especially given the ongoing price manipulation concerns. Traders should be cautious; a breach below $0.30 might lead to a rapid decline, potentially targeting lower support levels. On the flip side, if RAVE manages to hold above this level, it could set up a bounce back, offering a short-term buying opportunity. Keep an eye on volume—if it spikes as it approaches $0.30, that could indicate strong interest either way. Overall, this is a pivotal point that could dictate RAVE’s next move, so watch closely for price action around this level in the coming days.