๐ 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.
๐ 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.
๐จ Note: Continuously monitor market conditions and adjust strategy accordingly! ๐๐ #RUNE #LongTrade #CryptoAnalysis ๐๐
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.
๐ 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.
๐จ Note: Continuously monitor market conditions and adjust strategy accordingly! ๐๐ #RUNE #LongTrade #CryptoAnalysis ๐๐