đš $RVN /USDT 4h â Healthy Pullback or Trend Exhaustion?
đ Price: $0.02102
đ Still Riding the Bull Wave â But Cooling Signs Emerging
đ Price Action Recap:
RVN broke out with force on June 5, pushing above the $0.018 mark and climbing steadily toward $0.022+. After multiple rejections above $0.0235, itâs now testing short-term support.
đ Key Moving Averages:
MA(7): $0.02116 (sitting right on top of current price â key level!)
MA(25): $0.01880 (strong mid-term trend support)
MA(99): $0.01390 (macro baseline â the launchpad zone)
đ§ Technical Takeaways:
Price is forming higher highs and higher lows, trend still intact
Recent candles show upper wicks = profit-taking or supply zone
MA ribbon is stacked bullishly, but price is testing the 7 MA now
âïž What to Watch:
â
Reclaim $0.0218 = potential rally toward $0.0238â$0.025
â Break below $0.020 = likely dip to $0.0184 for MA(25) retest
đŻ Scalp Trade Idea:
Entry: Break above $0.0217
Target: $0.0235â$0.0246
Stop: Below $0.0202
đ Momentum is still on RVNâs side â but bulls must step in now to avoid a short-term breakdown.
â ïž DYOR â Do Your Own Research.
This is not financial advice. Markets can be volatile â always trade responsibly!