$RVN is currently trading at $0.01696, after an explosive rally from below $0.011. Price is consolidating tightly, forming a sideways base as traders await the next breakout or potential profit-taking wave.
Key Levels to Watch
• Resistance Zones:
$0.01780 – Immediate upside resistance
$0.01890 – Mid-term breakout target
$0.02050 – Major supply zone from post-pump rejection
• Support Zones:
$0.01660 – Local support from recent base
$0.01550 – Deeper pullback zone if breakdown occurs
Trade Setup – Tight Range Before Next Move
• Bullish Scenario: If price breaks above $0.01780, watch for:
TP1: $0.01890
TP2: $0.02050
• Bearish Scenario: A dip below $0.01660 may lead to:
TP1: $0.01550
TP2: $0.01480
Stop-Loss Strategy:
• Longs: Below $0.01650
• Shorts: Above $0.01790
