$CHIP playing dumb by FOMOing at the top and the aftermath, first time using a hedge position and probably the last. Now I'm stuck on both ends, can't do anything, feels like I'm trapped :) If it doesn't bounce back to 0.1, I'm toast and won't be able to exit the trade.
🚨 WARNING: RAVE/USDT DOWN 90% – A REBOUND OR A 'TRAP'?
RAVE has kept many of you up at night lately. I'm sensing some danger for you all, so I'm putting out a warning. I hope you approach this one with a clear mind. The market just witnessed a rapid 'account split' for RAVE, plummeting from a high of 28.30 down to around 1.17. The crowd is split into two camps: one side is panicking and running for the exits, while the other is quietly looking to 'catch the dip.' Here's a detailed technical analysis to keep your head cool before you make any moves: