🚀$RVN /USDT Analysis – Momentum Setup in Play🤔🔐👇
Timeframes Analyzed: 1H and 4H
Bias: ✅ Bullish Continuation with caution of local rejection
🔍 Technical Breakdown:
🕐 1H Chart Signals:📊
$RVN showed a strong upward rally, hitting $0.01827 and currently cooling down with a red candle.
Price structure is still higher-high, higher-low, suggesting short-term bullish momentum intact.
20 EMA > 50 MA crossover is live – a strong technical confirmation for trend continuation.
MACD still positive with momentum buildup, even after a slight pullback.
🕓 4H Chart Confirmation:📊
Consolidation breakout happened; price is holding above the recent bullish base.
MACD histogram continues expanding in green – strength is present.
RSI (67.61) is close to overbought but not yet indicating major exhaustion.
Volume profile on the breakout candle was significantly higher, suggesting strong buyer interest.
📈 📌 Bullish Trade Plan (Short-Term Swing):
Entry Zone: $0.01750 – $0.01770 (dip-buy near EMA support)
Target 1: $0.01830 (previous top)
Target 2: $0.01900 (next psychological level)
Stop-Loss: $0.01650 (below last higher low zone)
🔄 Optional Scalp Buy Strategy (Momentum-Based):
Buy breakout above $0.01830 with volume surge confirmation.
Target: $0.01940
SL: $0.01790
💡 Pro Tip:
Watch RSI closely; if it breaches 75+ with price sustaining above $0.0183, rally might stretch to $0.0195–$0.020 zone.
📌 "In uptrends, pullbacks are gifts. In rallies, patience is your edge."
📛 This analysis is educational and not financial advice. Use risk management. Crypto is volatile. Always DYOR.
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