Liquidation reference: $0.00240
Short liquidation: $1.59K
Entry Zone: $0.00238–$0.00243
Stop-Loss: $0.00251
TP1: $0.00231
TP2: $0.00224
TP3: $0.00218
Market View:
The short liquidation at $0.00240 shows that upside liquidity has recently been taken. If RVN rejects the $0.00240–$0.00243 resistance area and selling volume increases, price could rotate toward lower support.
Risk Management:
The setup is invalid above $0.00251. A clean breakout and hold above this level would require reassessing the bearish structure.
#Fed hikes rate expectations rise
