š $RVN
/USDT Technical Analysis ā Binance
Price: $0.01715 | Change: +2.45%
Market Structure: Bullish reversal in progress
Momentum: Building strength with increased volume (588M RVN in 24h), confirming buyer interest from recent lows.
š§ Key Technical Levels:
Support: $0.01580 (recent low)
Resistance: $0.01729 (24h high), breakout in play
š Trade Setup:
Entry Zone: $0.01680 ā $0.01715 (pullback entry)
Stop Loss: $0.01570 (below key support)
Trade Momentum: Bullish Bias ā MACD crossover and rising RSI from oversold hint at potential continuation.
šÆ Targets:
1. Target 1: $0.01780 (minor resistance)
2. Target 2: $0.01850 (swing high level)
3. Target 3: $0.01920 (strong resistance zone)
Summary:
RVN is showing a short-term bullish setup with growing volume and momentum indicators aligning. Watch for a breakout above $0.01730 for confirmation of strength.
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