$RVN / USDT โ WICKED SPIKE, BUT CAN IT HOLD? ๐๐
Ravencoin just shocked the market with a massive +48% pump, soaring to $0.02782 before crashing back down near $0.01632. This wick-heavy candle on the 4H chart screams volatility โ and possibly manipulation or liquidation hunting. Price is now trying to stabilize, but selling pressure is visible.
Unless RVN reclaims the $0.02000 zone with volume, this may turn into a failed breakout. But if bulls regroup, another leg up could be brewing.
๐ Trade Setup (High-Risk, Volatile Zone) โข Entry: $0.01600 โ $0.01650
โข TP1: $0.01880
โข TP2: $0.02150
โข SL: $0.01490
๐ Resistance: ~$0.01880
๐ฝ Support: ~$0.01520
Wick hunters beware โ only play this if you're ready for sudden swings!