#TradingMistakes101
$RVN STRONG MOVE – MONITORING CONFIRMATION
RVN is showing signs of momentum after breaking out from its recent consolidation. The price moved from a low of $0.01930 to a high of \$0.02369, and is currently trading at \$0.02139, gaining +6.06% in the last 24 hours. Buyers are cautiously in control.
Current Market Data:
Price: $0.02139
24h High: $0.02369
24h Low: $0.01930
24h Volume: ~$397M USDT
Chart View:
The 1‑hour chart shows a clearing above the 10 and 20 EMAs after a breakout from a descending wedge.
Oscillators like RSI (~55) and MACD are trending neutral-to-bullish.
Volume remains elevated, supporting the breakout attempt.
Key Zones:
Support: $0.02050 – $0.02000
Next Bullish Targets: $0.02370 → $0.02700
A confirmed hold above $0.02050 could validate continued upward movement toward $0.02700. Conversely, failure to stay above $0.02000 may lead to consolidation.
**Buy and Trade here on $RVN – DYOR**
