$RVN just cleared a heavy cluster of shorts around $0.00705, which tells us bears were over-positioned at support. The immediate bounce after liquidation confirms that sellers are exhausted.
$RVN is now pushing above its micro-range and building acceptance over former resistance.
EP: $0.00690 – $0.00710
TP: $0.00780 / $0.00870 / $0.00990
SL: $0.00645
Strong wick rejection below support shows real demand. As long as price stays above $0.0068, continuation toward higher liquidity zones is likely.
RVNUSDT
Perp.
0.0059
-0.84%