$RVN Buyers Regain Control — Long Setup in Play
$RVN has established a confirmed higher-low structure following a strong reaction from the 0.00554 demand zone, signaling a bullish shift in short-term market structure. Price is currently consolidating above prior support, indicating controlled accumulation.
Entry Zone:
0.00630 – 0.00645
Stop Loss:
0.00595
(Below key demand and structural invalidation)
Take Profit Targets:
TP1: 0.00685
TP2: 0.00705
TP3: 0.00730
Trade Rationale:
Higher-low formation on 1H–4H timeframe
Strong bullish reaction from demand with volume confirmation
Favorable risk-to-reward profile with continuation potential
Execution Note:
Wait for price acceptance within the entry zone. Avoid breakout chasing.
Risk Management:
Trade with proper position sizing. Invalidation is clear below the stop level.
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