π Paradisers, the recent market dynamics surrounding #RUNE have indeed been noteworthy.
π It appears that the price is set to revisit the demand area within the $4.98 - $4.3 range to gather significant momentum for a bounce, subsequently fueling upward movement.
π This momentum is crucial for testing the resistance area and breaking through for further advancement towards our target zone.
π However, should RUNE fail to bounce from the demand area or even break below it, the price may retreat to the OB area to accumulate orders before staging a robust bounce.
π The OB area still retains its freshness and possesses the potential to facilitate a strong upward movement once again.
π Bullish Invalidation would occur if RUNE fails to bounce from the OB area and subsequently breaks below it. Such a scenario could lead to further downward movement and potentially prolong the bearish sentiment.
MyCryptoParadise
iFeel the successπ΄
π It appears that the price is set to revisit the demand area within the $4.98 - $4.3 range to gather significant momentum for a bounce, subsequently fueling upward movement.
π This momentum is crucial for testing the resistance area and breaking through for further advancement towards our target zone.
π However, should RUNE fail to bounce from the demand area or even break below it, the price may retreat to the OB area to accumulate orders before staging a robust bounce.
π The OB area still retains its freshness and possesses the potential to facilitate a strong upward movement once again.
π Bullish Invalidation would occur if RUNE fails to bounce from the OB area and subsequently breaks below it. Such a scenario could lead to further downward movement and potentially prolong the bearish sentiment.
MyCryptoParadise
iFeel the successπ΄
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Follow a team of traders with 10+ years of experience?
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