RVN
⟁ Trade Direction: SHORT
The liquidation print at $0.00134 suggests leveraged longs were caught on the downside. That makes the reaction after the sell-off important: if price rebounds into resistance and fails to recover, sellers may get another opportunity.
Entry Zone: $0.00134 – $0.00138
Stop Loss: $0.00143
TP1: $0.00130
TP2: $0.00126
TP3: $0.00121
Risk check: A sustained recovery above $0.00143 invalidates the short idea. The supplied data does not include candles or timeframe, so wait for visible rejection before acting.
Mark the zone, then trade the reaction.
$RVN
⟁ Trade Direction: SHORT
The liquidation print at $0.00134 suggests leveraged longs were caught on the downside. That makes the reaction after the sell-off important: if price rebounds into resistance and fails to recover, sellers may get another opportunity.
Entry Zone: $0.00134 – $0.00138
Stop Loss: $0.00143
TP1: $0.00130
TP2: $0.00126
TP3: $0.00121
Risk check: A sustained recovery above $0.00143 invalidates the short idea. The supplied data does not include candles or timeframe, so wait for visible rejection before acting.
Mark the zone, then trade the reaction.
$RVN