$RVN /USDT – Short Trade Entry Opportunity! 🔥💯
$RVN has broken below its local support on the 30-minute chart, confirming a clear bearish continuation setup. Consistent lower highs and strong downward momentum signal a likely continuation toward the next support range, especially as price tests intraday lows with weak bounce attempts.
Entry: 0.01448
Target 1: 0.01400
Target 2: 0.01360
Target 3: 0.01328
Stop Loss: 0.01499
Risk Management:
Limit exposure to 3–5% of your portfolio. Trail stop-loss to breakeven once Target 1 is reached to reduce downside risk.
Pro Tip:
Watch for strong volume spikes on breakdown candles. Any retest rejection of the 0.0145 area can provide additional confirmation of bearish pressure.
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