$RAVE Short positions were squeezed around $0.30983, indicating buyers stepped in with strong momentum and forced bearish traders to exit. This liquidation often signals growing bullish strength, but confirmation from trading volume is essential before expecting continuation.
Support: $0.3020
Resistance: $0.3150
Next Target: $0.3250
A sustained move above resistance could extend the rally, while losing support may trigger a healthy pullback before the next leg higher. Trade patiently and avoid chasing green candles without confirmation.
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