$RVN Testing Support – Eyes on Key Levels!

Ravencoin ($RVN ) dropped -1.11% in the last 24h, showing mild short-term selling pressure. Price is hovering near support, and traders should monitor for potential rebound or continuation moves.

⚡ Why Bears Are Slightly Pressuring:

Price is testing support around $0.0107–$0.0108.

Momentum indicators (RSI & MACD) show mild bearish alignment on short-term charts.

Volume is moderate, indicating minor profit-taking rather than strong liquidation.

Short-term structure shows slight lower highs, but support remains intact.

📌 Potential Entry / Watch Zones: $0.0107 – $0.01075 (for cautious traders seeking rebound opportunities)

🎯 Target if Rebound: $0.01085 – $0.0110

🛑 Stop-Loss: Below $0.01065

💡 Strategy:

Use small position sizing (2–3%) due to volatility.

Wait for support confirmation before entering long positions.

Aggressive traders may consider scaling in during confirmed rebounds.

🔥 Pro Tip: Watch $0.01075–$0.01085 zone — buyers may step in here for short-term gains.

RVN shows mild bearish pressure, but key support is holding.

Traders should manage risk carefully while looking for potential short-term rebound opportunities.