$RVN /USDT current market update and possible entries
#ellonmask_comeback_for_new_era
Looking at the 15-minute RVN/USDT chart you uploaded, here's the market sentiment and a breakdown of possible trade entries:
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📊 Current Market Sentiment:
Price: $0.01770 (+62.39%)
Volatility spike occurred after breakout above ~$0.011, followed by consolidation.
Now forming a bullish continuation setup — potentially preparing for the next leg up.
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📈 Bullish Signs:
Parabolic SAR just flipped below price → indicates new upward momentum.
Bollinger Bands squeezing before expansion → breakout might be close.
RSI(6) at ~60 → Not yet overbought, has room to push higher.
MA(5) crossing above MA(10) with small bullish volume.
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📌 LONG Entry Idea:
Entry Trigger Breakout above $0.01800 with bullish volume
Stop Loss Below $0.01720 or $0.01690
TP1 $0.01880 (short-term resistance)
TP2 $0.02000 (round number + price gap fill)
TP3 $0.02100 (24H high zone)
⏳ Wait for candle close above $0.01800 and rising volume for confirmation.
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📉 Bearish Scenario / Short Entry (if rejected):
Entry Trigger Strong rejection from $0.01790–$0.01800 zone
Stop Loss $0.01830
TP1 $0.01720
TP2 $0.01650
TP3 $0.01580
📉 Watch for bearish engulfing or doji candles around resistance zone to confirm.
see you soon
