📊 Analysis:
Near Support: RUNE has been trading near support for the last four days, and it's holding steady.
Indicator Reset: Some indicators have reset, signaling a potential entry opportunity.
Entry Point: Consider entering a long spot trade at the current $5.00 level of support.
Profit Targets: Target profits at $6.40 - $7.25 or $7.90 - $8.40 resistance levels.
Risk Management: Set a stop-loss just below $4.33 to mitigate potential losses.
📈 Trading Strategy:
Entry: Initiate a long position at the current support level of $5.00.
Targets: Take profits at identified resistance levels.
Risk Control: Maintain risk management discipline with the specified stop-loss.
🚨 Note: Continuously monitor market conditions and adjust strategy accordingly! 📊🔍 #RUNE #LongTrade #CryptoAnalysis 🌟📈
Near Support: RUNE has been trading near support for the last four days, and it's holding steady.
Indicator Reset: Some indicators have reset, signaling a potential entry opportunity.
Entry Point: Consider entering a long spot trade at the current $5.00 level of support.
Profit Targets: Target profits at $6.40 - $7.25 or $7.90 - $8.40 resistance levels.
Risk Management: Set a stop-loss just below $4.33 to mitigate potential losses.
📈 Trading Strategy:
Entry: Initiate a long position at the current support level of $5.00.
Targets: Take profits at identified resistance levels.
Risk Control: Maintain risk management discipline with the specified stop-loss.
🚨 Note: Continuously monitor market conditions and adjust strategy accordingly! 📊🔍 #RUNE #LongTrade #CryptoAnalysis 🌟📈
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.