$RVN is currently testing the upper Bollinger Band at 0.01291, indicating potential overextension.
If the price closes above this band, it may signal a trend continuation; otherwise, a pullback is likely.
The support level at 0.01265 should be monitored for potential bounce or break confirmation.
Volatility is contracting, suggesting lower price swings ahead, which could benefit scalpers.
Consider placing stop-loss orders just below the support to manage risk.
Recommended action: Wait for a clear breakout or reversal pattern before executing trades.