a bearish breakdown trade momentum analysis for $RVN 🔥🤑🤑
/USDT, in case price fails to sustain its bullish move:
$RVN /USDT Bearish Breakdown Analysis
Current Price: $0.01532
24h Low: $0.01346
Volume: Still high (1.75B RVN), but if price drops, it could signal distribution (smart money selling into strength).
❌ Bearish Trade Signal: Watch for Breakdown
If RVN fails to break and hold above $0.01575–$0.01641, a rejection could trigger a sharp pullback.
⚠️ Bearish Breakdown Conditions
Failed breakout at $0.01641
Price falls below $0.01500 with volume spike (indicates selling pressure)
Losing $0.01473 support would confirm trend reversal short-term
🎯 Bearish Target Levels
Target 1: $0.01460 – Previous support zone
Target 2: $0.01390 – Minor support, close to 24h low
Target 3: $0.01300 – Full breakdown target, major support
📉 Momentum Insight (Bearish)
High volume + failure to hold highs = potential bull trap
Strong resistance at $0.01641 may act as ceiling
Bearish momentum could accelerate if market sentiment shifts or BTC corrects