RVV's recent performance has provided traders with a good shorting opportunity. From a technical perspective, the price has fallen from the 24-hour high of 0.004880 to the current 0.004461, a decline of 8.6%, which has already released a significant short-term upward momentum. Looking at the candlestick chart, the 15-minute cycle shows a typical rise and fall suppression pattern, with upward momentum nearly exhausted. More notably, this coin has gained a total of 45.45% over the past 7 days, and there is already obvious selling pressure at high levels, indicating a solid basis for a technical correction.
From a capital perspective, the situation is clearer. Contract funds at the 5-minute and 30-minute levels are both net outflows, with 12,000 and 93,300 respectively, showing clear signs of short-term capital withdrawal. Although there is still a net inflow of 1,582,900 over 24 hours, this is more a continuation of previous positions and does not indicate new funds entering now. In fact, large traders are increasingly willing to take profits at high levels.
Trading advice: start with a light short position at 0.004461, with a stop-loss set above 0.0045. Once the price breaks below 0.0043, add to the position. The first profit target is 0.0042, and the second target is lowered to 0.0040.
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RektButAlive
· 9h ago
It's the same old trick again. A 45% increase followed by a dump to trap retail investors. The big players probably already ran. I also want to hold a small position to catch the bottom, but I feel like I need to keep throwing in more.
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Anon32942
· 9h ago
A 45% increase and you're thinking of dumping? This coin has some value, big investors are really fleeing.
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LiquidationKing
· 9h ago
A 45% increase and you're thinking of selling? I don't think it's that simple. What does the capital fleeing indicate?
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BottomMisser
· 9h ago
It's the same old trick again—selling pressure at high levels + capital outflow. Last time I heard this analysis, RVV rebounded by five points directly. Whenever I see this kind of signal now, I just want to laugh.
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FantasyGuardian
· 9h ago
Started selling after a 45% increase. This wave is indeed a bit fierce, but I still want to wait for a pullback before getting in.
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LightningWallet
· 9h ago
A 45% increase with such a sharp sell-off at high levels is indeed quite aggressive, and capital is also flowing out. The logic behind this short-term move still holds.
RVV's recent performance has provided traders with a good shorting opportunity. From a technical perspective, the price has fallen from the 24-hour high of 0.004880 to the current 0.004461, a decline of 8.6%, which has already released a significant short-term upward momentum. Looking at the candlestick chart, the 15-minute cycle shows a typical rise and fall suppression pattern, with upward momentum nearly exhausted. More notably, this coin has gained a total of 45.45% over the past 7 days, and there is already obvious selling pressure at high levels, indicating a solid basis for a technical correction.
From a capital perspective, the situation is clearer. Contract funds at the 5-minute and 30-minute levels are both net outflows, with 12,000 and 93,300 respectively, showing clear signs of short-term capital withdrawal. Although there is still a net inflow of 1,582,900 over 24 hours, this is more a continuation of previous positions and does not indicate new funds entering now. In fact, large traders are increasingly willing to take profits at high levels.
Trading advice: start with a light short position at 0.004461, with a stop-loss set above 0.0045. Once the price breaks below 0.0043, add to the position. The first profit target is 0.0042, and the second target is lowered to 0.0040.