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【$RVV Signal】Long | Healthy Pullback After Explosive Breakout
$RVV After a massive surge, the price is consolidating above the breakout level, which is a typical absorption of buy orders and healthy reset, not a top-out distribution.
🎯Direction: Long
🎯Entry: 0.00165 - 0.00168
🛑Stop Loss: 0.00152 (Rigid stop loss, invalidates the structure if broken)
🚀Target 1: 0.0020
🚀Target 2: 0.0024
Hardcore Logic: A massive bullish candle (over 10 billion) appears on the 4H chart. The price broke previous highs without quick retracement, indicating genuine buying pressure from the main force. Open interest remains stable, funding rate is significantly negative (-2%), and bears are stubbornly resisting, fueling short squeeze potential. The order book shows dense buy support below 0.00166, while sell orders above are relatively sparse, favoring the bulls. The current pullback is a natural cooling after the breakout. As long as the previous high of 0.00152 is maintained as support, the upward path faces minimal resistance.
Trade here 👇 $RVV
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