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Heshan trade
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Heshan trade
@HeshanChathu
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#GENIUSActPass 3700 9496 2470 0190
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#MyTradingStyle #GENIUSActPass #USDCโ 3700 9496 2470 0190
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#BTC #DAOBaseAIBinanceTGE #BinanceAlphaAlert 1118777262
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#SPk๐ฅ๐ฅ๐ฅ๐ฅ long target tp 0.07500
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#BinanceAlphaAlert ๐ฅ $SOL #rvn @Ualifi Araรบjo RVN /USDT โ Post-Breakout Coil or Just Catching Breath? Current Price: $0.0188 Timeframe: 4H Change: +6.69% ๐ 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) ๐ 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 โ textbook โcoilโ behavior before a breakout attempt. ๐งญ Upside Targets: If RVN breaks out above the $0.0205 range with volume: ๐ฏ Target 1: $0.0222 โ minor resistance from local wick ๐ฏ Target 2: $0.0255 โ measured move from current flag ๐ฏ Target 3: $0.0330 โ prior spike high on chart ๐ Risk & Supports: Support 1: $0.0172 โ bottom of consolidation zone Support 2: $0.0150 โ 25MA & previous demand zone Support 3: $0.0130 โ invalidation level, breaks structure โ๏ธ 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. ๐ง Final Take: RVNโs looking primed for continuation, but itโs stuck in a decision zone. If volume re-enters, we could see a sharp 20โ30% move. But without follow-through, it risks becoming another altcoin fake rally. Stay nimble, donโt chase โ let the price confirm its move. โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Markets can be volatile โ always trade responsibly!
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