$RVN RVN above 0.00143: Will the bullish momentum continue?
Trading plan:
Entry zone: 0.00138 - 0.00143
Target zone: 0.00148, then 0.00155
Scenario invalidation zone: A clear close below 0.00135
RVN is currently trading at 0.001433, up 7.29%, with clear positive momentum on shorter timeframes. This move comes after a period of selling pressure, during which the price traded below key moving averages. Such rebounds usually signal buyers attempting to regain control, but strong trading volume is needed to confirm a break above nearby resistance. Conversely, failure to hold the current zone could send the price back to retest support.
Do you think RVN will break through nearby resistance or pull back again?
Disclaimer: This is not financial advice. Manage your capital carefully; risks are high.
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