If you want an edge trading RAVE, watch what “smart money” is doing — not what social media is saying. Open interest sitting near $500M while price struggles to make new highs is a red flag. It means fewer new buyers are entering, and existing positions could unwind fast. That’s how liquidation cascades start — and they can be brutal but profitable if you’re positioned correctly.

Here’s a simple way to play it:
If you’re holding profits, consider trimming positions near resistance ($19–$20) and keeping cash ready. If a drop happens, you can re-enter lower instead of riding the correction down. If you’re more advanced, some traders even short failed breakouts — but only with tight risk management. Either way, the goal isn’t to predict perfectly — it’s to stay flexible and capitalize on volatility, because in markets like this, volatility is where the money is made.