RVN Compression at Channel Resistance – Breakout or Rejection
RVN is trading inside a long-term descending channel and is now compressing right below the upper trendline resistance.
This tightening structure shows pressure building, with price attempting to push higher but still respecting the overall bearish trend.
A clean breakout above the channel could trigger a strong upside move toward the 0.009–0.011 region and potentially higher.
However, failure here would likely lead to rejection and continuation toward the channel lows.
This is a key decision zone. Break decides the trend, reject continues it.
This tightening structure shows pressure building, with price attempting to push higher but still respecting the overall bearish trend.
A clean breakout above the channel could trigger a strong upside move toward the 0.009–0.011 region and potentially higher.
However, failure here would likely lead to rejection and continuation toward the channel lows.
This is a key decision zone. Break decides the trend, reject continues it.
Market Structure • Price Action • Crypto Updates
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🔗 Telegram: t.me/Coach
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Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。