#RVV $RVV
$RVV Futures — Short Setup
Entry Zone: 0.00600 – 0.00615
Take-Profit Targets:
TP1: 0.00540
TP2: 0.00480
TP3: 0.00410
Stop-Loss: 0.00635
Suggested Leverage: 3–5x
Trade Rationale:
$RVV has experienced a near-vertical, parabolic advance from the 0.0030 base into the 0.0061–0.0063 resistance region, characteristic of a blow-off move. The rally shows signs of overextension, accompanied by a volume climax—often indicative of short-term exhaustion rather than sustainable upside continuation.
Price action is currently stalling near the highs, with multiple rejection wicks forming at resistance. This behavior suggests increasing profit-taking and potential distribution. As long as price fails to establish acceptance above the 0.0062 level, market structure favors a mean-reversion move toward prior imbalance and demand zones below.
Risk Management:
A decisive breakout and sustained acceptance above 0.00635 would invalidate the short thesis and signal continuation of bullish momentum.
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