🚨 $RVN /USDT BEARISH PRESSURE AFTER FAILED BREAKOUT – SHORT OPPORTUNITY UNFOLDS!

$RVN spiked sharply but failed to hold above $0.01620, forming a strong upper wick followed by consecutive red candles on the 15M chart. The bulls lost momentum, and the recent breakdown below $0.01580 support hints at a short-term reversal setup.

Trade Setup (SHORT):

Entry Price: $0.01560 – $0.01580

Target 1: $0.01530

Target 2: $0.01500

Stop Loss: $0.01610

Why Short?

The rapid upside move has been rejected with heavy selling pressure, evident from the upper wick and bearish engulfing pattern. A lower high has formed, and volume is fading — indicating the buyers are weakening at the top.

Risk Management Tip:

Keep SL tight above $0.01610. Secure partials at TP1 and watch for price reaction near $0.01530 to trail your stop.

Don’t let this breakout fly without you — enter smart, exit richer!

Ride the momentum before it fades — profits favor the fearless!

Sell and Trade here on $RVN

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