koinmilyoner
--
Bullish
🚨 $RVN /USDT 4h – Healthy Pullback or Trend Exhaustion?
📍 Price: $0.02102
📈 Still Riding the Bull Wave — But Cooling Signs Emerging
🔍 Price Action Recap:
RVN broke out with force on June 5, pushing above the $0.018 mark and climbing steadily toward $0.022+. After multiple rejections above $0.0235, it’s now testing short-term support.
📊 Key Moving Averages:
MA(7): $0.02116 (sitting right on top of current price – key level!)
MA(25): $0.01880 (strong mid-term trend support)
MA(99): $0.01390 (macro baseline – the launchpad zone)
🧠 Technical Takeaways:
Price is forming higher highs and higher lows, trend still intact
Recent candles show upper wicks = profit-taking or supply zone
MA ribbon is stacked bullishly, but price is testing the 7 MA now
⚙️ What to Watch:
✅ Reclaim $0.0218 = potential rally toward $0.0238–$0.025
❌ Break below $0.020 = likely dip to $0.0184 for MA(25) retest
🎯 Scalp Trade Idea:
Entry: Break above $0.0217
Target: $0.0235–$0.0246
Stop: Below $0.0202
🕒 Momentum is still on RVN’s side — but bulls must step in now to avoid a short-term breakdown.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!
📍 Price: $0.02102
📈 Still Riding the Bull Wave — But Cooling Signs Emerging
🔍 Price Action Recap:
RVN broke out with force on June 5, pushing above the $0.018 mark and climbing steadily toward $0.022+. After multiple rejections above $0.0235, it’s now testing short-term support.
📊 Key Moving Averages:
MA(7): $0.02116 (sitting right on top of current price – key level!)
MA(25): $0.01880 (strong mid-term trend support)
MA(99): $0.01390 (macro baseline – the launchpad zone)
🧠 Technical Takeaways:
Price is forming higher highs and higher lows, trend still intact
Recent candles show upper wicks = profit-taking or supply zone
MA ribbon is stacked bullishly, but price is testing the 7 MA now
⚙️ What to Watch:
✅ Reclaim $0.0218 = potential rally toward $0.0238–$0.025
❌ Break below $0.020 = likely dip to $0.0184 for MA(25) retest
🎯 Scalp Trade Idea:
Entry: Break above $0.0217
Target: $0.0235–$0.0246
Stop: Below $0.0202
🕒 Momentum is still on RVN’s side — but bulls must step in now to avoid a short-term breakdown.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.