$RVV has shown clear signs of rejection after failing to sustain the recent pump with a strong bearish reversal candle closing near the lows on increased volume.

Price has broken below the prior consolidation base confirming aggressive seller dominance as distribution takes control following the brief upward spike.

This kind of sharp drop below support typically signals strong downside continuation and as long as price remains below the breakdown zone further decline remains highly probable.

Momentum is clearly in favor of bears right now.

Trade Setup (Short)

Entry Range: 0.00430 – 0.00440

Target 1: 0.00400

Target 2: 0.00370

Target 3: 0.00340

Stop Loss (SL): 0.00465

RVVBSC
RVVUSDT
0.003863
-3.47%

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