$RVN /USDT short tread signal 🚦🔴
BEARISH RETREAT – MASSIVE SPIKE SOLD OFF QUICKLY!
$RAY saw an explosive pump to $0.02782 but faced an immediate sell-off, crashing back to the $0.01350 zone. This type of wick usually signals distribution at the top with low probability of retesting the highs unless volume surges again.
Trade Setup (SHORT):
Entry: $0.01380 – $0.01430
Target 1: $0.01250
Target 2: $0.01120
Target 3: $0.01040
Stop Loss: $0.01490
Why Short?
After the parabolic spike, RVN couldn’t hold gains and is forming consistent lower highs. Volume has dried up and the trend has shifted back to bearish on the 4H chart. A dead-cat bounce may be in progress, giving shorters a clean setup.
Risk Management Tip:
Only short within the entry zone. Use a hard stop above $0.01490 to avoid a trap breakout if market sentiment changes.
Don’t let the wick fool you — smart sellers are already out.
Trade with discipline — only volatility-backed spikes deserve attention!
buy and trade here on $RAY