$RVV /USDT Technical Analysis 📉
Entry: 0.006515
Stop Loss: 0.007301
Take Profit 1: 0.005729
Take Profit 2: 0.004944
The $RVV chart shows a potential short setup. The price is approaching a major supply zone on the 4-hour chart, indicating a significant resistance level. It is expected that selling pressure will outweigh buying pressure in this area.
The strategy suggests a short entry at the current resistance. The stop loss is set above the supply zone to manage risk. Lower take profit targets are set, reflecting a bearish outlook.
The information is for market updates, not investment advice.
