🔥 $RVN /USDT – Post-Breakout Coil or Just Catching Breath?

Current Price: $0.0188

Timeframe: 4H

Change: +6.69%

📉 Technical Structure:

MA7: $0.01578 (price comfortably above)

MA25: $0.01505 (acting as solid recent support)

MA99: $0.01243 (major trend support from breakout zone)

🔍 Setup Breakdown:

RVN broke out explosively earlier in June and has since been consolidating in a tight flag, printing higher lows while facing resistance at ~$0.020.

The current structure resembles a bullish pennant or ascending triangle, with decreasing volume — textbook “coil” behavior before a breakout attempt.

🧭 Upside Targets:

If RVN breaks out above the $0.0205 range with volume:

🎯 Target 1: $0.0222 — minor resistance from local wick

🎯 Target 2: $0.0255 — measured move from current flag

🎯 Target 3: $0.0330 — prior spike high on chart

🛑 Risk & Supports:

Support 1: $0.0172 — bottom of consolidation zone

Support 2: $0.0150 — 25MA & previous demand zone

Support 3: $0.0130 — invalidation level, breaks structure

⚙️ Key Momentum Trigger:

A clean candle close above $0.0205 on the 4H with strong volume = go time for bulls.

But a breakdown below $0.017 = fakeout risk, caution warranted.

🧠 Final Take:

RVN’s looking primed for continuation, but it’s stuck in a decision zone. If volume re-enters, we could see a sharp 20–30% move. But without follow-through, it risks becoming another altcoin fake rally.

Stay nimble, don’t chase — let the price confirm its move.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!