$RVN The breakout momentum is very strong. The real test is whether buyers can sustain the rally.
WATCH $RVN
Entry: 0.00255–0.00260
Trigger condition: 4H candle closes above 0.00270 + successfully reclaims this level
Stop loss: 0.00241
Take profit 1: 0.00270 | Take profit 2: 0.00285 | Take profit 3: 0.00305
Risk/reward ratio: 1.0R to TP1, 2.0R to TP2, 3.0R to TP3
The setup is invalidated if the price falls below 0.00241.
The RSI is already overbought, so chasing the breakout is not an attractive option. Wait for a retest; don't chase the spike.
WATCH $RVN
Entry: 0.00255–0.00260
Trigger condition: 4H candle closes above 0.00270 + successfully reclaims this level
Stop loss: 0.00241
Take profit 1: 0.00270 | Take profit 2: 0.00285 | Take profit 3: 0.00305
Risk/reward ratio: 1.0R to TP1, 2.0R to TP2, 3.0R to TP3
The setup is invalidated if the price falls below 0.00241.
The RSI is already overbought, so chasing the breakout is not an attractive option. Wait for a retest; don't chase the spike.
