RaveDAO’s 10% daily jump tests bullish reversal as RAVE targets $0.75 level

RaveDAO’s RAVE token climbed 10% over the last 24 hours, breaking out of a week-long range between $0.31 and $0.35 and trading near a key neckline around $0.40. While higher CVI readings and green MACD bars across daily and hourly charts suggest a possible longer-term bullish reversal, long/short data shows bears have largely dominated since mid-December 2025 and buyer conviction remains uncertain.