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#RVNUSDT — Weak price movement, risk of the price rising to a new high 📉⚠️
On the weekly timeframe, the #RVN stock is at two critical levels: a weekly horizontal support level ( already broken ) and the support level of the descending trend channel.
The price action appears weak, with no clear interest from buyers at the current levels. If the support level of the channel is broken, the likelihood of $RVN rising to a new high increases.
This could be a short selling opportunity for traders 🎯
$RVN