0.00265 is the level that actually matters on #RVN/USDT
$RVN
The bounce from the 0.0020 floor reclaimed the 4H 20 and 50 EMAs, which keeps short-term momentum alive around 0.0024. But running straight into overhead supply without expanding volume is how ranges trap aggressive buyers.
Two actionable setups:
Breakout: Wait for a confirmed 4H close above 0.00265 before eyeing the 0.0031 – 0.0032 liquidity pool.
Pullback: Watch for absorption around 0.00220 – 0.00225 (EMA confluence) to evaluate an entry with defined risk.
Daily close below 0.0020 kills the local bottom structure. Until either edge breaks, entering mid-range is just paying fees to chop.
#RVN #Crypto #Trading #Altcoins
$RVN
The bounce from the 0.0020 floor reclaimed the 4H 20 and 50 EMAs, which keeps short-term momentum alive around 0.0024. But running straight into overhead supply without expanding volume is how ranges trap aggressive buyers.
Two actionable setups:
Breakout: Wait for a confirmed 4H close above 0.00265 before eyeing the 0.0031 – 0.0032 liquidity pool.
Pullback: Watch for absorption around 0.00220 – 0.00225 (EMA confluence) to evaluate an entry with defined risk.
Daily close below 0.0020 kills the local bottom structure. Until either edge breaks, entering mid-range is just paying fees to chop.
#RVN #Crypto #Trading #Altcoins