$RVN /USDT Market Overview & Trade Setup

Trade Setup – Neutral to Slightly Bearish Bias

📌 Entry Price: $0.01198 - $0.01220

🎯 Target 1: $0.01238

🎯 Target 2: $0.01258 - $0.01274

🎯 Target 3: $0.01279

🛑 Stop Loss: $0.01177

Market Sentiment Analysis

MA(7) at $0.01211 & MA(25) at $0.01204 suggest minor consolidation.

MA(99) at $0.01219 means price is hovering around long-term support.

If price stays below $0.01220, it may retest $0.01198 - $0.01189.

Trading Strategy

1️⃣ For Long Position:

Buy near $0.01198 - $0.01220 if support holds.

Targets: $0.01238, $0.01258, and $0.01274.

2️⃣ For Short Position:

If price fails to break $0.01238, short from $0.01220 - $0.01238.

Downside targets: $0.01198, $0.01189, and $0.01177.

Risk Management Tip:

Avoid long entries if price stays below $0.01198.

A break below $0.01177 could trigger a further drop.#rvn #RVNUpdates #RVV #Write2Earn #Write2Earn‬