$RVN Bearish Trend with Bullish Potential"
The RVN/USDT pair on Binance is currently trading at $0.01773, showing a slight increase of 0.17% over the last 4 hours. The chart indicates a bearish trend with potential support and resistance levels.
Key Levels:
Support: $0.01800
Resistance: $0.01850, $0.01900
Bullish Scenario:
Target: $0.01850 (short-term), $0.01900 (long-term)
Stop Loss: $0.01768 (recent low)
Bearish Scenario:
Target: $0.01768 (recent low), $0.01750 (next support level)
Stop Loss: $0.01800 (recent support turned resistance)
The RVN/USDT pair is currently in a bearish trend, but there's potential for a bullish reversal if it breaks above $0.01850. Traders should keep an eye on the support and resistance levels to make informed decisions.