-11.11% in 24h.
$RVN is at $0.001936 and the tape is ugly. The 4h move is down 10.5%, price is below both the 20d and 50d averages, and volume is running 3.4x the 20d average at $4.62M. That isn't quiet selling. That's forced positioning. 📉
RSI is 26, so a bounce can happen, but shorts are still paying -0.050% funding. Even $ETH looks cleaner by comparison. I’d watch $0.002 exactly. Reclaim it and I’d look for momentum; reject it and the lower range is back in play. ⚠️
Does $0.002 hold or fail for $RVN?
#RVN #Altcoin
$RVN is at $0.001936 and the tape is ugly. The 4h move is down 10.5%, price is below both the 20d and 50d averages, and volume is running 3.4x the 20d average at $4.62M. That isn't quiet selling. That's forced positioning. 📉
RSI is 26, so a bounce can happen, but shorts are still paying -0.050% funding. Even $ETH looks cleaner by comparison. I’d watch $0.002 exactly. Reclaim it and I’d look for momentum; reject it and the lower range is back in play. ⚠️
Does $0.002 hold or fail for $RVN?
#RVN #Altcoin