**Pair:** RVN/USDT 💱
**Timeframe:** 1H ⏱️
**Pattern:** Ascending Trendline Breakdown Attempt ⚠️
RVN is currently attempting to break below a key ascending trendline near **0.0209**. This level has held several times, but selling pressure is increasing 📉.
**Bearish Scenario ❌**
A confirmed 1H close below **0.0205** could trigger downside momentum:
🎯 Target 1: 0.0195
🎯 Target 2: 0.0180
📉 Breakdown may accelerate if volume increases.
**Bullish Defense ✅**
If bulls reclaim **0.0220** and defend the trendline again, upside continuation remains possible.
🛑 SL (for shorts): above 0.0225
🔍 Wait for confirmation — fakeouts are common near support zones.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.