$RVN /USDT BULLISH SURGE FOLLOWED BY RETRACEMENT — IS A SECOND LEG COMING?
$RVN just exploded from the $0.01100 zone all the way to a $0.02782 high — a massive +150% spike in a short window. Price has since cooled off and is currently consolidating near $0.01660 with a strong wick rejection visible on the 30-min chart. If buyers defend this base and break above $0.01850 again, another leg up could ignite quickly.
Trade Setup (LONG):
Entry Zone: $0.01620 – $0.01710
Target 1: $0.02000
Target 2: $0.02380
Stop Loss: $0.01540
Market Outlook:
A massive breakout followed by consolidation often signals bullish continuation. Volume remains healthy, and short-term holders may be shaken out before another wave kicks in. A clean reclaim of $0.01850 would be the first sign bulls are back in charge.
Risk Management Tip:
Avoid chasing — wait for price structure confirmation before entering. Stick to tight SLs below the base wick.
Don’t let this vertical breakout leave you behind — smart entries now can lead to explosive exits!
This is your moment — ride the bullish wave before it vanishes!