⚡️ $RVN /USDT Technical Breakdown, price prediction & Trade Plan
RVN Current Price: $0.01585, 🚀 +16.46% | POW Gainer | Breakout in Progress)
🔍 Key Observations
📈 Price & Trend
Major breakout from low of $0.01035 to high of $0.01641
Price now trading above all major EMAs:
EMA(7): $0.01381
EMA(25): $0.01261
EMA(99): $0.01288
Clear bullish crossover and trend continuation potential
📊 Momentum Indicators
MACD:
DIF: 0.00055, DEA: 0.00009, MACD: 0.00046
Strong bullish divergence and positive histogram building up
RSI(6): 74.39 → Overbought but still rising → bullish continuation possible
📉 Volume
Recent volume surge confirms real breakout
Current candle showing decreasing volume → could lead to brief consolidation
🧱 Support & Resistance
Support:
$0.0138 (EMA7)
$0.0128 (EMA99 – strong dynamic support)
Resistance:
$0.0164 (24h high)
$0.0178 to $0.0211 (historical zones)
📅 Price Outlook
Short-Term Bias: Bullish → momentum favors upside
A short pullback to EMA(7) is healthy
Next strong move may target the $0.018–$0.020 zone
📈 Trade Strategy
🟢 Long Setup (Continuation)
Entry: On dip near $0.0145–$0.0150 or breakout above $0.0165
Targets:
🎯 $0.0178
🎯 $0.0201
🎯 $0.0218
Stop Loss: Below $0.0132
⚠️ Risk Management
RSI near overbought — be cautious with chasing pumps
Use trailing stop once above $0.017
Keep position size smaller if entering late
✅ Conclusion
RVN has exploded from a long base and is showing strong breakout signals 🔥
Momentum is intact — but RSI is heating up
Best entries are on dips or confirmed breakout retests
Trade the trend, but don’t forget to protect profits! 🧠💰
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