$RVN short entry update

RVN/USDT perpetual chart shows a shift from bearish to short-term bullish momentum. Here's a clear, fast breakdown of what’s going on:

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✅ Current Snapshot (5-min Chart)

Price: $0.01625 (+47.33%)

Mark Price: $0.01625 (stable)

Breakeven Price: $0.01647 (slightly above current)

Stop Market Order: $0.01680 (targeting a breakout)

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📊 Technical Breakdown

🔼 Bullish Signs:

Price reclaiming middle Bollinger Band → positive signal

Higher lows + higher highs structure from $0.01494 = uptrend building

RSI(6): 54.36 → Moderate strength, not overbought

Parabolic SAR still below price = trend support

MA(5) > MA(10) = bullish crossover

Stochastic RSI turning upward from bottom = room for continuation

📈 Momentum Improving:

Volume increasing slightly again on green candles

Last rejection didn’t go too low, showing buyers stepping in early

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⚠️ Caution Zones:

$0.01647 Breakeven = minor resistance

$0.01680 Stop Market Target = needs strong volume to break

If rejected from that zone again, could pull back to $0.01580–$0.01550

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🧠 Summary:

Short-term bullish recovery is in play. Not confirmed breakout yet, but improving structure. Hold or scalp cautiously, especially if you’re watching the $0.01680–$0.01700 breakout zone.✅ When Would Be a Good Short Entry?

Wait for clear bearish signs, like: shooting star

1. Price Rejection Near $0.01680–$0.01700 zone

🔻 Safer Short Plan (If You Want It):

Entry Point ~$0.01670–$0.01690 (upon rejection confirmation)

Stop-Loss $0.01710–$0.01730 (just above resistance zone)

Take-Profit (TP1) $0.01620

Take-Profit (TP2) $0.01580

Only enter the short if price gets rejected from resistance and you see volume drop or red candles forming.