$RVN /USDT BULLISH BREAKOUT BREWING ๐ | LONG SETUP INSIDE ๐ฅ
๐ Current Price: $0.01413
๐ข 24h Change: +1.51%
โฐ Timeframe: 4H
๐ TECHNICAL ANALYSIS
RVN is showing signs of a potential bullish reversal after bouncing off recent lows.
๐ Key Support Levels:
$0.01380 (Strong 4H support)
$0.01350 (Major historical base)
๐ Key Resistance Levels:
$0.01450 (Immediate resistance)
$0.01470 (Breakout level โ 24h High)
$0.01520 (Next target if breakout sustains)
The current price action near $0.01413 is forming higher lows on 4H candles with increasing volume, indicating accumulation.
๐ TRADE SETUP โ LONG IDEA
๐ฉ Entry: $0.01410 โ $0.01420 (Current zone)
๐ฏ Take Profit (TP):
TP1: $0.01470
TP2: $0.01520
TP3: $0.01590
๐ก Stop Loss (SL): $0.01375 (below strong support)
๐ง Trade Logic: Price is coiling just under resistance with a bullish engulfing pattern on the 4H โ a breakout above $0.01450 can trigger momentum.
โ ๏ธ RISK MANAGEMENT
Risk only 1-2% of your capital per trade ๐ฐ
Always use SL to protect from unexpected volatility! ๐
Watch for volume confirmation on breakout ๐
๐ฅ RVN LOOKS READY TO RUN โ WATCH THAT $0.01450 LEVEL CLOSELY! ๐ฅ
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