đ¨ $RVN â WEEKLY FALLING WEDGE SETUP! đđđ
$RVN has carved a clear falling wedge pattern on the Weekly timeframe, signaling a potential major reversal after a prolonged downtrend. The structure suggests bottoming action is in play.
đŻ REVERSAL TARGET PROJECTION:
Potential Upside:Â 50% â 100%+Â from current levels
⥠Why This Matters:
Wedge patterns on higher timeframes (Weekly) often lead to powerful breakout moves.
A confirmed reversal here could mark a significant trend shift.
đľď¸âď¸ Watch For:
Weekly close above wedge resistance for confirmation.
Rising volume on the breakout for added conviction.
đ Risk Note:
Always wait for confirmation before heavy positioning. Macro patterns require patience, but the reward potential is substantial.
Bottoming signals are flashing. Is $RVN ready to rally? đđĽ
