New Plancton's
Idea #RVNUSDT needs the confirmation breakout
RVNUSDT is currently exhibiting a bullish pattern within an ascending channel. An ascending channel is a technical analysis pattern characterized by the formation of parallel lines that act as support and resistance levels, indicating a potential upward trend.
In this case, the lower trendline of the ascending channel is providing support, while the upper trendline acts as resistance. The price of RVNUSDT has been consistently respecting these trendlines, creating a series of higher lows and higher highs, which suggests an overall bullish sentiment in the market.
Traders who follow Plancton's Rules are closely monitoring the price action near the $0.02 area. A clear breakout above this level would indicate a strong bullish momentum and potentially open up new long trading opportunities. Plancton'...
