Looking at RVV's recent movement, the trading volume when it reached 0.00998 was actually higher than when it previously surged to 0.012. What does this indicate? It shows that the resistance above the 0.0099 level is stronger than expected. In other words, it will be difficult to break through 0.012 again this time.



From a technical perspective, it is advisable to consider short positions above 0.0095, and even more so at 0.011, where you can boldly short. Everyone knows this coin's temperament—prefers rapid surges but carries high risk, so leverage should not be too high; around 2x is sufficient. At this pace, a significant decline is likely within two days.

Another detail worth noting: the team recharged coins worth 6 million on a mainstream exchange last night. Combined with the current abnormal high-volume trading and resistance levels, this surge is very likely a pump to unload holdings. Operate cautiously and avoid getting trapped.
RVV-7,98%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
YangXiaoxivip
· 11h ago
Where to see trading volume
View OriginalReply0
BlockchainFriesvip
· 11h ago
With such fierce trading volume, it really feels like a top is approaching. Don't chase the highs, everyone.
View OriginalReply0
LootboxPhobiavip
· 11h ago
The 0.0099 threshold is indeed quite tough. With such a large trading volume, it still can't break through, which is interesting. The team recharged 6 million... That's a bold move, really giving off the vibe of packing up and leaving. Playing with double leverage is fine, don't be greedy. This coin's temper can change suddenly. Honestly, it looks like a trap to lure more buyers; better wait for a dip before considering. Signs of high-level dumping are too obvious. I'll step out first and hide. Comparing the trading volume, this time isn't as fierce as the last one. With such strong resistance, breaking 0.012 is basically impossible, in my opinion. Shorting at 0.011 is a bit late; I should have taken action at a higher level. Something feels off about the coin deposit; better to be cautious.
View OriginalReply0
VibesOverChartsvip
· 11h ago
6 million directly charged in? Isn't this just clearly trying to dump the market? I saw it coming a long time ago. The trading volume is even larger than last time but it can't push up, everyone knows it's a clear sign of distribution. Just go short with double leverage, don't be greedy. RVV's coin temperament is indeed extreme, it rises quickly and falls quickly, it's hard to take the pain. I really didn't expect such fierce resistance levels, the signs of distribution are too obvious.
View OriginalReply0
DegenTherapistvip
· 11h ago
With such a large trading volume, why isn't it breaking through? It seems like the main force is accumulating, looks very fierce but maybe just bluffing.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)