$RVN has broken below a key symmetrical triangle on the 4H chart, confirming a bearish shift in market structure.



The breakdown retest failed, with former support now acting as strong resistance. Price also continues to trade below the 9 EMA and 50 SMA, showing that sellers remain in control.

Unless $RVN reclaims the triangle, the current setup favors continued downside pressure. Keep an eye on support levels for the next reaction.

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RVN0.91%
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EvenRocksNeedLiquidity
· 4h ago
It feels like this round of decline isn’t over yet. The key is whether the previous low can hold; otherwise, the next target will be farther away.
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IPO_DeFi
· 5h ago
Now both the 9EMA and 50SMA are pressing down on the price. Unless you can quickly pull it back up, keep an eye on the support below.
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YieldAsteroid
· 5h ago
The technical pattern is indeed bearish, but the futures market often draws false breaks—be careful not to chase too deeply when it breaks down.
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StableGranary
· 5h ago
This four-hour-level triangle breakdown signal is quite clear. After the backtest fails, support turns into resistance, and the shorts have the advantage.
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